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Historic Property Coverage Contact Info
The older your building, the more likely it is to be inadequately insured.
Do you really know what your historic property is worth? Have you thought about what it might cost to repair those National Trust Insurance
features that were created by craftsmen decades ago? Are you aware that standard policies won't fully pay to 33 South Gay Street
replace what you own because most insurance companies don't adequately estimate the value of historic Baltimore, MD 21202
properties? Get Mao
Phone: 866-269-0944
Quite simply, if you own a historic building you're probably underinsured. Email Us
The hidden costs of historic reconstruction
Historic buildings aren't like other properties. If damaged, they're likely to require:
• Highly skilled craftsmen, from decorative artists and muralists to stonemasons
• Hard -to -match materials, like hand-hewn timbers and vintage brick shapes
• Extra time to rebuild, because of the labor-intensive process of historic renovation
• Additional professional services, to assist in areas like recertification and recovery of tax benefits
With NTIS, you're covered
In the event of loss or damage, there's only one policy in the insurance industry that will restore your commercial
building to its former grandeur - our Historic Property policy. It includes groundbreaking coverage and some of the
most flexible valuations in the industry, everything from the cost of replacing a hand -carved door to hiring an
expert able to document your rebuilding.
Here's a sample of what's covered:
Do you really know what insurance coverage your client needs? When damaged, a historic building may require:
• Increased cost of construction due to landmark as well as other building ordinances or laws
• Increased time to restore to your property due to operation of landmark and other building laws
• Historic certification expenses
• Loss of federal, state and local tax benefits
• Increased building assessments
• Green building upgrades to enhance the energy efficiency of your property where possible
You don't need to be certified to qualify for historic coverage
All currently certified historic buildings are eligible, as well as buildings that could be certified or are located in
historic districts. However, just about any building that exhibits historical character, materials, and workmanship
can be covered by this policy, whether certified or not.
In addition to Historic Property Coverage, we can also offer Builder's Risk coverage for properties undergoing
renovation.
Your current policy may not cover this type of incident, but NTIS does:
A fire rips through the upper floor of your Victorian -era office building, damaging the hand -carved moldings and
stylized plaster work. A standard insurance policy will cover damages from the fire, but it won't cover the costs to
replace the historic features that set your building apart and attract the best tenants.
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Maury, Dannelly & Parr is the licensed insurance producer for NTIS. NTIS is licensed in the state of MD. Maury, Donnelly & Parr is licensed in all states except Alaska and Hawaii.
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Submitted into the public
record in connection with
item PZ.10 on 07/25/13
Todd B. Hannon
City Clerk
http://nationaltrust-insurance.org/hpc.html 7/25/2013