In order to qualify for coverage including wind, a fire resistive high-rise building must have full glass protection and a new or well-maintained roof. Buildings that upgrade their windows and roof are eligible for coverage. Superior overall maintenance is also an important factor in risk evaluation. Our wind program is designed for the single or multiple tower type of risk rather than low-rise building complexes.
Coverage can be provided on an ex-wind basis for risks that do not meet our underwriting criteria for wind. Typical risks include joisted masonry and masonry non-combustible construction (single building or multi-building complexes) and older, fire-resistive buildings that are not fully protected for wind.
QBE is a “Write Your Own” flood carrier for the National Flood Insurance Program (NFIP). This gives a condominium association the option of having both their property and flood coverage with a single insurance carrier.