
Contractors Liability
Overview
-
Carrier A.M. Best Rating: "A" X.
-
Limit: $1M per Occurrence/$2M Aggregate.
-
Minimum Premium: $7,500.
-
Minimum Deductible: $2,000.
-
Non-Admitted offering in all States except: CA, CO, NY, HI, and AK.
Target Classes
-
Commercial and Residential General Contractors Performing New and Repair/Remodel Operations.
-
Custom Home Builders.
-
Artisan Contractors, Subcontractors, and Trade Contractors.
Coverages
-
Blanket Coverages Available: CG 2010, CG2028, CG 2037, CG 2039, Waiver of Subrogation PNC Wording, and Per Project Aggregate $5M Limit.
-
Roofing Operations Minimum Premium: $10,000 and can consider risks with incidental Hot Tar/Torch with Proper Certification.
-
Specific AI endorsements upon approval.
Ineligible Risks
-
Projects involving the naming of a large tract developer or General Contractor for projects involved in the new development of more than 25 condominiums, townhomes, or single-family dwelling units in a single development as an additional insured.
-
Project Wrap-up, Owner-Controlled, or Project Specific Policy's.
-
Any external work on structures greater than 60 feet.
-
Artisan contractors subcontracting more than 50% of operations.
Supplemental Applications
Contractors Liability