We can help you cover high-risk rental dwellings.

Snyder Specialty:

Serving Retail Agents throughout the Tri-State Area & Pennsylvania

Snyder Specialty, LLC provides Dwelling Fire insurance for secondary residences or rental properties in addition to older homes, vacant homes, and those with frame construction, day-care occupancy, or prior loss claims. As a Managing General Agency, Surplus Lines Broker, and Lloyd’s coverholder, we hold the pen for our exclusive program and can offer you a “home” for high-risk, high-hazard rental properties.

Available on a named-perils basis, our Dwelling Fire form covers the structure for hazards such fire, explosion, vandalism and weather-related occurrences like wind and lightning. Policies can be written to reimburse an insured for either the cash value of the home, or for the cost of replacing it in the event of a disaster. Contents and Liability coverage are also available.

Program Highlights

Our retail agency partners get the benefit of our 15 years of underwriting experience in insuring rental dwellings and the ability to offer competitive pricing.

Dwellings: Lower Valued, Owner/ Seasonal/Rental/Homeowners and Dwelling Fire Policies with Day Care Exposure/Vacant Homes
Dwelling Property 3 Form
Minimum Coverage A: Dwelling Limit: $200,000
Coverage B: Other Structures: 10% of Coverage A
Coverage C: Available
Coverage D: Loss of Use: 10-20% of Coverage A
Coverage E: Personal Liability: $300,000-$1,000,000
Coverage F: Medical Payments $5,000
Age of Home: All are acceptable

HIGH-VALUE PROGRAM HIGHLIGHTS

We hold the pen for our Homeowners program, enabling us to underwrite the account, quote and bind coverage in a timely manner.

Available in New York, New Jersey, Connecticut
AM Best Rating “A” Excellent – Non-Admitted
Coverage Can Be on Either HO3 or HO5
Minimum Coverage A: Dwelling Limit: $800,000
Coverage B: Other Structures: 10% of Coverage A
Coverage C: Personal Property: 50% of Coverage A
Coverage D: Loss of Use: 20% of Coverage A
In addition to standard Coverage B-D, can include:
- Water backup up to $25,000
- Mold Coverage up to $25,000
- Home Systems Protection ($100,000)
- Service Line Coverage ($10,000)
- Identity Recovery Coverage ($25,000)
- Home Cyber Protection ($15,000)
Coverage E: Personal Liability: $300,000 ($500,000 & $1,000,000 available)
Coverage F: Medical Payments $5,000

Above coverages also apply to High Value Rental (DP3 Form); Corporate or LLC Named Insured acceptable.

Both the Standard and High-Value Programs also include coverage for Condominiums Unit Owners (HO6) polices, Renters Insurance (HO4) for renters of apartments and homes, and vacant homes.

Tell Us What You Need

We’re ready to put our experience, expertise, appetite, underwriting capabilities, creativity, superior specialty insurance products, and market relationship with Lloyd’s to work for you—more important than ever in today’s increasingly challenging insurance landscape. Let our programs help protect your clients’ future.