Source: BTIS — Habitational Programs
BTIS: Real Estate Insurance Appetite
Real estate and habitational risks are one of BTIS's named specialties, and their carrier partner network provides strong appetite for apartments, condos, property management firms, and real estate agencies. BTIS is particularly valuable for placing habitational risks that standard carriers avoid — think older apartment buildings, mixed-use properties, or buildings in areas where direct carriers have tightened appetite. For property management E&O, BTIS competes well with CNA and Travelers. Agents with a real estate book should have BTIS in their arsenal, especially for harder-to-place habitational accounts.
Available Lines
| Line of Business |
|---|
| General Liability |
| Business Owners Policy (BOP) |
| Commercial Property |
| Umbrella/Excess |
| Professional Liability |
Premium Range
$2,000-$15,000
Typical annual premium
Target States
All 50 states
Key Features
- Strong habitational and real estate programs — a named BTIS specialty
- Property coverage for apartment buildings, condos, and mixed-use habitational risks
- GL and BOP for property management companies and real estate firms
- E&O coverage for real estate agents and property managers
- Umbrella capacity for larger real estate portfolios through carrier partners
Limitations
- Very large habitational portfolios (100+ units) may need direct carrier or specialty market placement
- Real estate investment trusts and development companies need separate financial lines
- Coastal and high-CAT property risks may face limited availability or higher pricing
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