Vacant Building

Don't abandon your profits. Instead, use this program that covers vacant or unoccupied buildings with incidental renovation work.

About Our Agency

GREMESCO OF NEW JERSEY LLC IS A REGIONAL WHOLESALE OPERATION CONCENTRATING ON WRITING COMMERICAL SURPLUS LINES BUSINESS IN NEW YORK AND NEW JERSEY. THE STAFF AT GREMESCO OF NEW JERSEY HAS AN AVERAGE OF 20 YEARS OF INSURANCE EXPERIENCE - WHEN YOU CALL US YOU CAN REST ASSURED THAT YOU WILL TALK WITH A KNOWLEDGEABLE INSURANCE PROFESSIONAL.

Underwriting Rules

All Lines:

  • Property must be adequately secured, i.e., fully locked, boarded or guarded

Property:

  • Sprinklered buildings - verify the sprinkler system is maintained or shut off and drained. For buildings with active wet-pipe systems, the heating system must be maintained.

Prohibited Business

Property:

  • Buildings condemned or scheduled for demolition

Liability:

  • Condominium or townhouse conversions
  • Unsecured buildings
  • Ground-up construction
Effective Date: 11/17/2015