Colonial General Insurance Agency, Inc. offers a specialized Grading of Land Insurance program designed for excavation and grading contractors who operate heavy equipment for site preparation. This program is ideal for contractors involved in grading and land development projects but excludes operations such as public street or road construction, mining, underground tank installation or removal, landfills, dams, tunnels, or snow removal activities.
Ideal Accounts and Appetite
This program is tailored for insureds engaged in site preparation, land grading, and excavation for private development projects. Typical clients include:
- Excavation contractors for residential and commercial developments
- Land grading operations for private infrastructure or construction pads
- Contractors using their own equipment and operators on site
Accounts that involve public works projects, hazardous waste, or high-risk environmental exposures such as mining or landfill work are outside the appetite.
Coverage Highlights and Advantages
Property Coverage Options Include:
- Accounts Receivable
- Basic, Broad, or Special Form coverage
- Buildings and Business Personal Property
- Business Income and Extra Expense
- Computer Equipment
- Contractor’s Equipment
- Equipment Breakdown
- Outside Signs
- Replacement Cost or Actual Cash Value options
- Valuable Papers
Commercial General Liability Coverage Includes:
- Primary limits up to $3 million per occurrence/aggregate
- $5,000 Medical Payments coverage included
- Additional Interests for $100 each
- Excess or Umbrella limits available up to $25 million
- $1,000 minimum deductible required
Crime Coverage Available:
- Theft of Money and Securities – Inside the Premises
- Robbery or Safe Burglary of Other Property – Inside the Premises
- Losses Occurring Outside the Premises
Underwriting Notes and Minimum Premiums
Underwriting focuses on private grading contractors with a clean loss history and proper operator training. A minimum deductible of $1,000 is required. Premiums are competitive and based on scope of operations, equipment values, and prior history.
Territories and Availability
This program is available in the following states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Utah, and Wyoming. Availability may vary depending on the specific account and carrier appetite. Some markets are admitted; others may be non-admitted depending on the risk and jurisdiction.
Why Work With Colonial General Insurance Agency, Inc.?
Colonial General is a trusted Managing General Agency and Excess & Surplus Lines Broker with access to a range of markets for specialized contractor risks. Their team understands the unique exposures of grading and excavation operations and offers flexible underwriting solutions tailored to your clients’ needs. With responsive service and a focus on niche contractor classes, Colonial General helps agents place hard-to-insure risks efficiently.
Whether you're working with a small grading contractor developing residential lots or a mid-size excavation firm preparing commercial sites, Colonial General can help you find the right insurance solution.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for contractors involved in land grading, excavation, and site preparation for private development projects. Risks involving public works, mining, or hazardous operations are not eligible.
Is this program available on an admitted basis?
Some markets are admitted in certain states, while others are non-admitted. Availability depends on the specific risk and jurisdiction.
What limits are available for liability coverage?
Primary general liability limits up to $3 million occurrence/aggregate are available, with excess or umbrella limits up to $25 million.
Which states is this program offered in?
The program is available in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Utah, and Wyoming.
Are equipment and tools covered under this program?
Yes, contractor’s equipment can be scheduled under the property coverage, including options for replacement cost or actual cash value.
Need help placing an account? Connect with a market specialist.