REAL ESTATE INSURANCE

LIHTC

It is essential that your low income tax credit properties are not only covered by an agent experienced with these properties as they carry their own unique set of risks, but imperative that your insurance company offers policies engineered specifically for low-income or senior properties. Not only are the premiums lower, but the coverages are more flexible.
Thomas Bradley Insurance are the experts for low income tax credits and asset management. Partner Brad Zeman has previous experience managing affordable housing units, uniquely positioning him on both sides of the claims scenario, both as the insured, and now as an agent. With his in depth knowledge, he can customize a policy and coverage to serve you best. We have relationships with multiple insurance carriers that offer comprehensive insurance programs for Section 42 tax credit affordable housing properties. These companies are specialists in this line of business and offer these policies nationwide.
For ease of administration, we are able to group multiple properties into a single policy. We can also include standard properties and affordable housing projects on one policy, with certain restrictions. Additionally, our program will allow for certain Section 8 based housing to be covered. Our experienced professionals are committed to satisfying all of your insurance needs at significant premium savings. To learn more about our Affordable Housing insurance services, or to obtain a quote, please contact one of our insurance professionals.

Examples of acceptable projects include:

  • Multi-family and low-income senior housing
  • Scattered site projects
  • Single family affordable home schedules
  • Master policies for multiple locations
  • *Bad claims history projects still welcome
  • Low Income Tax Credit insurance policies could include:
  • Blanketed Property – Replacement Cost
  • General Liability – Limits up to $10MM
  • Business Income – Loss of Rents
  • Crime Coverage – Employee Dishonesty
  • Hired/Non-Owned Auto Coverage – for those employees who use their own vehicle for company purposes
  • Medical Payments
  • Contractors and Computer Equipment Coverage

Thomas Bradley Insurance © 2017 •1001 Fourier Drive, Suite 100 • Madison, WI 53717