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Property: Residential

Burns & Wilcox offers solutions for a variety of Residential Property coverage needs. See below for examples of coverages we are able to provide.

Homeowners and Dwelling

Thirty-seven percent of homeowners have suffered losses due to water damage. Representing the number one driver of claims for high-value homes, water losses are twice as likely to occur after a previous water loss.

Repeated claims constitute just one of the many reasons homeowners no longer fit standard market eligibility. Clients can also be hard-to-place due to policy cancellation for non-payment, below average insurance scores or multiple mortgages. Whether your clients are under unique circumstances or they have experienced repeated claims, it is important that they still receive proper coverage.

Burns & Wilcox has a broad scope of creative solutions for lower value, admitted value, and high-value homes. Contact Burns & Wilcox for exclusive products including preferred pricing for clients who have demonstrated a responsible lifestyle.

Condominium Unit (HO6)

The advantage of owning a condo is that you become a shareholder in a property from which you “share” access to common areas. However, this benefit does not come without risk. Although condominium associations carry insurance policies, they typically only cover items that are part of the building, including the common areas, parking lots, and swimming pool. Condo owners can also be held personally liable for injuries to visitors or for damage accidentally caused to other property including their neighbors. In addition, your clients need to ensure that their personal possessions in the condo are protected.

Burns & Wilcox can provide access to Condominium Unit Coverage which is required to protect your client’s personal property and any parts of their unit that aren’t covered by the condo association’s insurance policy. As a leader in providing excess and specialty insurance, we can provide you access to coverage for owner-occupied, tenant occupied and rented condominium units. Combined with our outstanding expertise and service, Burns & Wilcox is the only personal insurance wholesaler you need.

Course of Construction

The risk of property damage while a home is under construction is a significant concern for property owners. Damage can result in severe, unexpected costs which can delay the building process or halt it entirely. Course of Construction insurance (often referred to as “Builder’s Risk”) provides a specialized form of insurance designed to insure against repair or replacement costs while construction is underway and, in some cases, for a specified period afterwards.

Course of Construction Coverage through Burns & Wilcox can cover your clients’ personal property while under construction, as well as property at off-site storage locations and in transit. As a leading provider of wholesale insurance, the experienced professionals at Burns & Wilcox can deliver insurance solutions that meet the unique needs of your clients.



When an earthquake hits, most people understand that damage to their property is a possibility. However, many people assume that their homeowners insurance will cover the cost of damages, which isn’t always the case. A specially-designed stand-alone earthquake policy ensures that your client is protected from the financial fallout of an earthquake.

Earthquake Coverage through Burns & Wilcox can protect your clients’ property and personal belongings after an earthquake hits, including landslide coverage and difference in conditions. As a leading provider of wholesale insurance, the experienced professionals at Burns & Wilcox can deliver insurance solutions that meet the unique needs of your clients.

Primary and Excess Flood

Ninety percent of all natural disasters in the United States involve flooding. Resulting damage totals approximately $6 billion every year. Although most homeowners do not suspect they are at risk, all 50 states have experienced floods or flash floods in the past five years and 20 percent of all flood-related insurance claims are on properties outside of designated risk zones.

With recent hurricanes causing huge losses to the National Flood Insurance Program (NFIP), the urgency for private companies to support flood insurance is at an all-time high. The NFIP often comes with inadequate coverage, while private markets can use innovative modeling technologies to accurately ascertain the risk involved and offer increased limits.

Ensure your clients are protected from potentially disastrous losses with Primary and Excess Flood Coverage that extends beyond capabilities of the NFIP.


Renters (HO4)

Renting a home, condo or apartment is often easier and less costly than owning a property. Renters are not required to take out a mortgage, pay for property maintenance or purchase homeowners insurance. However, the landlord’s insurance policy generally only covers the actual house, apartment or condo, leaving the tenant’s personal property and personal liability exposed to insurance risks. Obtaining Renters (H04) Coverage, often referred to as a Tenants Policy, can help mitigate the costs of replacing or repairing your client’s personal belongings, such as televisions, jewellery, computers and furniture. It will also provide liability coverage in the event they are found negligent, liable or presented with a lawsuit.

Burns & Wilcox can provide access to Renters (HO4) Coverage which provides specialized coverage for a broad range of tenant occupied apartments, condominiums, and homes. As a leading provider of wholesale insurance, the experienced professionals at Burns & Wilcox can deliver insurance solutions that provide both peace of mind and security.


Wind/Excess Wind

Tropical storm activity in recent years has exceeded forecasters’ predictions, with the North Atlantic hurricane season consisting of 16 tropical storms on average, eight of which became hurricanes, with winds of 74 mph or higher. The 2017 Atlantic hurricane season saw more than double the amount of hurricanes compared to what was predicted.

Coastal residential properties are most susceptible to damage from storms. With $5.8 trillion worth of coastal homes at risk, proper coverage is vital, especially with meteorologists predicting continued above-average tropical storm activity in the near future.

Admitted packages with wind as well as standalone Wind Coverage can help protect your clients’ homes in the event of a hurricane or other wind loss.

Difference in Conditions (DIC)

An All-risk policy can exclude certain perils that your client may need covered. For example, floods are excluded from a homeowners policy. However, if your client lives in a flood zone, they will encounter different conditions and require supplemental coverage. Having the right add-on coverage can help meet the unique needs of your clients related to these conditions.

Burns & Wilcox offers Difference in Conditions (DIC) Coverage as an extension to an all-risk policy which adds perils that are typically excluded. As each DIC policy is unique, it is important that you work with professionals who understand how to obtain policies that properly supplement your clients’ existing coverage. We can arrange for the customized insurance policies for each of your clients’ unique needs. Coupled with our extremely fast submission response time and low minimum premiums, Burns & Wilcox is one of the leading providers for excess and specialty insurance.


Single Family Dwelling, HO5, Salt Lake City, UT


Single Family Dwelling, HO3, Newport Beach, CA


Single Family Dwelling, HO3, Aguanga, CA


Single Family Dwelling, HO3, Boca Raton, FL

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