Quake – DIC Insurance
Next Wave offers a new Difference-In-Condition (DIC) and Earthquake Program for Western states. Coverage is written by top-rated carriers on either an admitted and non-admitted basis in California. Non-admitted in Arizona, Nevada, Oregon, Washington and Utah.
Program Highlights
- Most occupancies available for EQSL (may be sub-limited)
- Minimum Deductible 5% in CA, 2% available in other states
- Special Admitted program for CA Condominium & Homeowners’ Association Risks
- 5% Deductibles available throughout CA for preferred risks
- Expanded Building definition to include foundations
- Per Risk Capacity up to $10 million primary limits; $15 million excess limits
- Glass Recyclers
Target Classes
- Light Manufacturing
- Printing and Publishing
- Restaurants
- Hotels/Motels
- Food Processors
- Technology Companies
- Wholesale Distributors
- Grocery Stores
- Auto Dealers
- Schools & Universities
- Health Care Facilities
- Printers
- Self Storage
- Retailers
Carriers
- ICW
- Plaza Insurance
- Rockhill Underwriters