General Information

  • A.M. Best Rating: AX
  • Status: Non-Admitted
  • Syndicate(s): Faraday Syndicate #435: AA - 1126435
  • Territory: California, Colorado, Idaho, Nevada, Oregon, Utah, Washington and Wyoming
  • Perils: Earthquake; Named Peril May Extend To Include Earthquake Sprinkle Leakage, Flood and Building Ordinance
  • Maximum Limit: $5,000,000.
  • Maximum Values: $20,000,000
  • Minimum Values (Applicable to Dwellings Only): $1,500,000.
  • Minimum Premium: $3,000.
  • Policy Writing Minimum Premium: 25% of the annual premium.
  • Minimum Deductibles:
    • AOP - $25,000,
    • Earthquake: 5%
    • Flood – $25,000.
  • Valuation:
    • Actual Cash Value
    • Replacement Cost Valuation subject to one of the following:
    • Current Marshall Swift or other valid form of valuation;
    • Past 3 years of Fire Policy Declarations Page (Must be able to determine values used);
    • SIU’s minimum value requirement;
  • Policy Fee: $150.000
  • Inspection Fee:
  • $125.00 per location in EQ Zones A1, A2, B1, B2 & B3
  • $150.00 per location all other EQ Zones

    Standard Broker Commission: 16%