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MGA offers commercial real estate lines



Foresight Group Inc. has launched commercial property insurance lines, including inland shipping, construction equipment and construction risk, which are offered as a supplement to employee compensation.

San Francisco-based Foresight, a managing general agent using a digital platform, says it focuses on mid-market segment buyers such as construction / trade, solar farms, agriculture, manufacturing and light industry.

Limits available at the client's risk are framework limits up to $ 3 million (single-family homes up to $ 1.5 million)); masonry is non-combustible and better, up to $ 20 million; optional flood and earthquake coverage, up to $ 5 million for eligible locations; motor truck, up to $ 250,000 per power unit / $ 500,000 per event, fleets up to 1

0 power units and target operating types including dry van / box, refrigerated goods, flatbed and container transport and optional destruction / freezing is available; for construction equipment, the equipment limits up to $ 500,000 per item / $ 3 million per schedule, all according to an email from a spokesperson.

Coverage is available through designated brokers in the eight states where Foresight operates: Arkansas, Arizona, California, Louisiana, Nevada, New Mexico, Oklahoma and Texas.

Foresight added that it is "ready to launch in several key states and add additional commercial lines to its platform later this year."

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