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Contractors Liability
Overview
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Carrier A.M. Best Rating: "A" VIII and "A-" IX.
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Program Offered: In all 50 states (except NY) on a Non-admitted basis.
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Classes: Over 100 approved class codes for coverage available.
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Limits of Liability: Up to $1M per Occurrence/$2M Aggregate.
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Minimum Deductible: $2,000.
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Minimum Premium: $5,000 and $10,000 for Roofing Contractors
Target Classes
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Residential, Commercial, and Industrial Contractors performing New and Repair/Remodeling Operations.
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Custom Home Builders.
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Artisan Contractors, Subcontractors, and Trade Contractors performing New and Repair/Remodeling.
Coverages
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Blanket Coverages Available: CG 2010, CG 2037, CG 2404 (Waiver of Subrogation), PNC Wording, and Per
Project Aggregate. -
Optional AI edition dates Available: 04/13, 07/04, or 10/01 edition dates.
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Roofing Operations Minimum Premium: $10,000.
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Specific AI endorsements upon approval.
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​New ventures considered other than for Roofing Contractors (which require at least 3 years’ experience). For
new ventures, insured’s resume and experience are required.
Ineligible Risks
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Insured’s working on multi-family projects involving new construction greater than 50 homes.
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Wrap-up, Owner-Controlled, or Project Specific Policy.
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Any external work on structures greater than 10 stories.
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Roofing General Contractors that are Subcontracting out 100% of the work.
Coverage Enhancements Available
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HNOA to satisfy contractual obligations available upon request (up to $1M limit).
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Limited Contractors Pollution Liability (CPL) Coverage Form (up to $250,000 limit).
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Electronic Data Liability (up to $100,000 limit).
Supplemental Applications
Contractors Supplemental