Policy audit · Garnet Ave / Mission Blvd / Cass St corridors

Own a building in PB? Your policy probably has gaps.

Most commercial property policies written for Pacific Beach's older buildings quietly exclude the three things most likely to close you down. Cesar Salceda reviews your current policy line by line and shows you exactly what is and is not covered. Free, 20 minutes, no obligation to move.

[A] Earthquake is excluded from every standard commercial policy. The Rose Canyon fault runs directly beneath Pacific Beach.
[B] Pre-1980 buildings on Garnet often lack ordinance and law coverage for rebuild-to-code costs.
[C] Coinsurance penalties can cut an underinsured claim payout by 30 percent or more.

Exhibit B-02 · Coastal multifamily: ocean-adjacent apartment stock, salt air, balconies, mixed tenant risk · the building class this practice is written for

Detail 01 · The three gaps

What we find in most PB policies

These are the exclusions and shortfalls that show up again and again when we review policies on older coastal commercial stock.

GAP / EQ-01

Earthquake exclusion

Standard policies exclude quake entirely. Unreinforced masonry and soft-story buildings near the Rose Canyon fault can pay 3 to 5 times more for coverage, or get declined without retrofit. You need to know which side of that line your building is on.

Fix: quake quote or documented retrofit path

GAP / OL-02

Ordinance & law shortfall

If your pre-1980 building is damaged, the city makes you rebuild to current code. That delta is not covered unless ordinance and law coverage is on the policy. On Garnet's older stock it is the most expensive missing line item we see.

Fix: ordinance and law endorsement sized to your building

GAP / BI-03

Business income blind spot

The building is insured; the twelve months of lost rent or revenue while it is rebuilt often is not. Business income and extra expense coverage is what actually keeps a landlord or owner-operator solvent after a loss.

Fix: business income limit based on real rent roll

Detail 02 · Property types

Written for the buildings PB actually has

Type S

Retail storefront

Garnet and Cass St retail. Building, signage, glass, tenant improvements, and the business income that keeps rent paid during a closure.

Type R

Restaurant & bar

Kitchen equipment, spoilage, liquor liability coordination, and higher fire exposure. The claims that close restaurants are rarely the building itself.

Type M

Mixed-use

Apartments over retail is the classic PB building. We map exactly where landlord coverage ends and tenant coverage begins, in writing.

Type W

Office & warehouse

Rose Canyon and Morena corridor stock. Equipment breakdown, tenant build-outs, and quake exposure assessments for tilt-up construction.

Detail 03 · Process

The 20-minute review

A fixed sequence, so you know exactly what you are signing up for. Most owners leave step three with a one-page gap map, whether or not they move their policy.

Send your dec page

Email or bring your current declarations page. That single page tells us your limits, deductibles, and what endorsements you are missing.

Walk the coverage

20 minutes with Cesar, at the Garnet Ave office or on a call. Building limit vs replacement cost, coinsurance check, the three gaps above, and your quake position.

Get the gap map

A one-page summary of what is covered, what is not, and what each fix costs. If Farmers is competitive, you get a quote. If your current policy is right, we tell you that too.

Detail 04 · Who you are dealing with

A named agent, four blocks from your building

Commercial property claims get slow and adversarial when nobody owns them. Cesar Salceda is a Farmers appointed agent with an office at 2204 Garnet Ave, Suite 300. When something happens to your building, you call the person who wrote the policy and knows the block.

Book the review

CA #4363980

License, displayed on every page

Farmers®

A-rated carrier (AM Best)

92109

Office in the district it serves

Online

Appointment booking via Farmers® profile