Creative Solutions for Unique Exposures
Individually underwritten high-value and hard-to-place exposures
1-Off is Lee & Mason’s standalone solution for unusual collateral, high-value properties or hard-to-place coverage needs. Excess Flood beyond NFIP limits is also available through this program. Each exposure is individually underwritten and considered by multiple underwriters and markets.
This is an ideal solution when the property’s value exceeds the limit of a blanket or master reporting policy or for those lenders who do not employ Lee & Mason for a portfolio-wide solution. In addition to real estate, 1-Off can also protect repossessed autos or equipment while you work to liquidate.
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Protect Properties Worth Millions
Through 1-Off, we routinely provide limits up to $25M and higher. Recent exposures have included:
- Airplanes
- Boats (dry docked and/or repossessed)
- Builder’s risk coverage (lender placed during active construction situations and post-foreclosure)
- Commercial Buildings
- Dwellings
- Equipment
- Farms (operating and foreclosed)
- Hotels
- Senior living facilities (operating and vacant)
- Strip malls
- Vacant car dealerships
- Warehouses
1-Off is a great solution for:
- Banks and credit unions
- Hard-money lenders
- Individual investors
- Receiverships