Real Estate

SMC helps commercial property owners and commercial property management companies address many industry-specific risks and opportunities, including:

  • Short-term financing
  • Interest rate fluctuations
  • Tenant retention and satisfaction
  • Significant differences between insurance values and market values
  • Lenders’ insurance requirements
  • Environmental and tenant-related risks

Resources and Benefits for Clients

  • Reduced insurance costs based on thorough analysis of property exposures and clients’ most advantageous risk characteristics
  • Accurate insurance values based on current market conditions and construction costs
  • Coverage placements that facilitate real estate transactions when environmental concerns are involved
  • Cost benefit analysis of earthquake insurance and assist with lender requirements

Client Success Examples

  • SMC negotiated an insurance contract that gave our client cost relief due to the high quality construction and protection of the insured property. The values were in excess of $200 million, and the client’s premium savings was over $300,000.
  • We created an insurance solution in the London market that reconciled a potential recovery issue between the local government that was authorizing the project and the lenders who were financing the project.

Request a Consultation

To discuss the risk management needs of your commercial property business, please contact Santa Maria online or call us at (925) 956-7600.