Vol. II Templates INSURANCE-MATRIX Available now
The coverage your lender requires, mapped to the carriers who write it.
A reference document covering required CRE insurance datapoints by property type – property, GL, umbrella, environmental, terrorism, flood, business interruption – plus a matrix of insurance carriers actively writing CRE coverage with their property-type specialties.
Definition
What it is
9 coverages
Property, GL, umbrella, environmental, terrorism, flood, business interruption, ordinance, builders risk.
~50 carriers
Major CRE-active insurers mapped to their property-type specialties and exclusion patterns.
$19
$27 retail. 14-day refund.
Audience
Who this is for
Closing analysts
Confirm the insurance certificate matches lender requirements before the lender's insurance consultant returns it with revisions.
Sponsors at renewal
Annual policy renewal – check which carriers are now writing in your asset class and geography, and where pricing has moved.
Insurance brokers
Standardize quote requests across carriers; ensure submissions match lender requirements before binding.
Lender BD + closing
Tighten the loop with borrower's broker on insurance reviews; reduce the back-and-forth on coverage adequacy.
Inclusion
What's in the file
- Required coverage by property type
- Lender-by-lender requirement differences
- Carrier matrix with appetite by asset class
- Common exclusion patterns + cure paths
- ACV vs. RC valuation guidance
- Named-storm and flood-zone overlays
- Sample ACORD 25 / 27 / 28 certificate annotations
Reference
FAQ
Is the carrier matrix current?
Updated quarterly. Carrier appetite shifts faster than any published document can track perfectly; the matrix flags last-update date per row.
State-specific requirements?
Most coverage requirements are property-type driven, not state-driven, but the matrix flags states with material differences (California / Florida hurricane, earthquake territories).
Construction insurance?
Builders Risk coverage is included as one of the nine coverage types. Construction-specific surety, performance bonds, and completion guaranty are out of scope.
Refund policy?
14-day refund if the file is materially different from what was described, corrupted, or not delivered correctly. Email support@valoreregistry.com.
Pricing
Pricing
Retail at release $27
Founders' price (first 14 days) $19
Single ZIP delivery: PDF reference + XLSX matrix. Free point-update releases for 12 months. Informational only – not insurance advice. Engage licensed broker for binding decisions.
Implementation
How to use Insurance & Carrier Matrix
Six steps from lender requirements to a bound policy ready for closing. Plus practitioner tips on Builder's Risk vs Property distinction, wind deductible structures, flood-zone discipline, and the exclusion list lenders actually scrutinize.
A. Six steps
- 1
Download the Insurance Matrix workbook
You receive an XLSX with three connected sections: Lender Requirements (input) · Carrier Quote Comparison (the matrix itself) · Coverage Gap Analysis (output). Save into the deal folder. Suggested naming:
Insurance_Matrix_<Deal>_<YYYY-MM-DD>.xlsx. - 2
Load the lender requirements first
Pull from the loan agreement or commitment: minimum limits per coverage type · required endorsements (Builder's Risk, Loss Payee Wording, Mortgagee Clause, Waiver of Subrogation, ACORD 28) · deductible caps · A.M. Best rating minimum · cancellation notice period. These are the rows the carrier quotes get scored against.
- 3
Enter each carrier quote column-by-column
Columns: Carrier · A.M. Best · Annual Premium · Per-Property Limits · Aggregate Limits · Deductibles · Coverage Endorsements (Builder's Risk, Course of Construction, Equipment Breakdown, Ordinance & Law) · Exclusions (Flood, Wind, Earthquake, Mold, Terrorism) · Cancellation Terms · Notes. Match the carrier quote verbatim; do not paraphrase.
- 4
Run the Coverage Gap Analysis
The matrix auto-flags rows where a carrier's coverage is below the lender requirement. Red = below requirement; yellow = at requirement; green = above. Lenders will only accept "at requirement" or "above" — yellow rows pass; red rows require a higher quote or a waiver. The output is a gap list ranked by criticality.
- 5
Surface the exclusion list to the deal team early
Exclusions are where insurance deals fall apart at closing: a coastal property without Named Storm; a property in a flood plain without Flood Zone X coverage; a mixed-use property without Liquor Liability when there's a ground-floor tenant; an industrial asset without Pollution Liability. Run the exclusion column past the deal team before the carrier-selection memo, not after.
- 6
Generate the carrier-selection memo + bind the policy
The matrix's "Selection Memo" tab generates a one-page recommendation: which carrier · why · premium · gaps to address · timing for binding. Once selected: bind the policy, request the binder + ACORD 28 + Mortgagee Endorsement, deliver to the lender 5+ business days before closing. Insurance binder timing is a common closing-day blocker.
B. Practitioner tips
- Property insurance vs Builder's Risk: completed buildings use property insurance; buildings under construction use Builder's Risk + Course of Construction. The matrix has separate sections for each — don't conflate them.
- Wind / Named Storm deductibles are usually % of insured value, not flat $. A 5% deductible on a $50MM property = $2.5MM out-of-pocket before insurance kicks in. Lenders care about this number, not the headline premium.
- Flood Zone discipline: every CRE property in a flood plain (Zones A or V) requires flood coverage. The Phase I ESA tells you the zone; cross-check before pulling quotes.
- A.M. Best rating below A- is usually a hard no for institutional lenders. Some allow B++ with explicit waiver; don't assume.
- Cancellation notice: 30 days is standard but agency lenders sometimes require 90 days. Confirm before binding; binders with shorter notice get rejected at closing.
- Equipment Breakdown coverage is often forgotten. For multifamily, industrial, and any asset with material HVAC/elevators/boilers, this is a real coverage gap if missing.
C. Scope & limits
- Not a substitute for a licensed insurance broker or risk-management advisor. The matrix structures the comparison; a broker negotiates the actual policy.
- Not for self-insurance / captive arrangements. Some institutional sponsors carry layered captive structures that don't fit this format.
- Not for specialty asset classes with unique coverage requirements (data centers, healthcare with malpractice, hospitality with liquor liability). The base template covers multifamily / office / retail / industrial conventions.
- Does not handle multi-property portfolio policies (blanket coverage vs per-property). Single-property analysis only.
D. Pairs with
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Insurance Matrix Builder
Skill (forthcoming Q4 2026)
Reads 2-4 carrier quotes (PDF); populates the matrix; flags exclusions and below-lender-requirement gaps.
-
Tax & Insurance Servicer
Agent (forthcoming Q4 2026)
Owns the carrier-selection memo, binder follow-through, and policy renewal cycle.
-
Closing Coordinator
Agent (forthcoming Q4 2026)
Tracks insurance binder + ACORD 28 + Mortgagee Endorsement on the closing checklist.
-
Tax Analysis
Template (available now)
Companion analysis on the tax side; tax and insurance are usually reviewed together for deal-level operating-expense modeling.
-
Lender Checklist
Template (available now)
The insurance line on the closing checklist is the deliverable surface for this matrix.
Quarterly refresh. Free re-download for 12 months from purchase.
14-day refund if the file is materially different from what was described, corrupted, or not delivered correctly.
Or get this in All-Access Bundle for $997 — save ~44% vs à la carte.See all bundles →
Get the file
Open the Insurance & Carrier Matrix.
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