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AJS Insurance Services, Inc.
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AJS Insurance Services, Inc.
Contact Us
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ProBuilders Program
Our insurance program is specifically designed to provide General Liability coverage for contractors (no other coverage’s provided by us on wholesale basis), whether they be residential or commercial GCs or subs. Tract housing and apartments are okay. Contractors performing condo, townhouse or homeowners association projects are ineligible except for our OCIP/Wrap Product. The program is now approved in all states except New York. To date, nine builders associations have endorsed our program. These are:

  • Alaska Homebuilders Association
  • Builders Association of Northern Nevada
  • Colorado Association of Homebuilders
  • Northern Arizona Homebuilders Association
  • Penninsula Builders Exchange
  • San Diego Roofing Contractors Association
  • Southern Arizona Homebuilders Association
  • Tennessee Homebuilders Association
  • Western Nevada Homebuilders Association
We have three programs available, an Artisan/Small Contractors Program, Regular Program and OCIP/Wrap Program.

Included is a complete package that provides:

  1. A very simple Producer Agreement that we typically require be completed and returned with the first submission you make to us. We pay 10% commission to you.
  2. Application – This application is for both the Artisan/Small Contractors Program and the Regular Program and must be completed in every detail plus current valued hard copy loss reports for 5 years are required if applicable. Application is in word and can be completed on your computer, which is very convenient and efficient or you can print out and complete the old fashioned way, by hand. A good narrative describing the work performed is always very helpful and highly desired. For contractors who are new in business or in business 3 years or less, resumes that provide details on construction and management experience are mandatory. Eligibility for Regular Program is quite simple. If your risk is not on the following ineligible list then you can submit for a quote under the Regular Program. Minimum deductible for Regular Program is $3,500.
Ineligible Regular Program contractor classes are:
  • Airport Contractors
  • Blasting Operations
  • Condo and Townhouses
  • Cranes
  • Dam or Levee Construction
  • Demolition of Buildings (in excess of 3 stories)
  • Earthquake Retrofit Contractors
  • Explosives Contractors
  • Exterminators/Fumigators
  • Fire and/or Burglar Alarm Contractors
  • Landscapers with Spraying Exposures
  • Oil Lease Contractors
  • Plumbing Contractors typically must have at least 5 years in business
  • Roofing Contractors typically must have at least 5 years in business
  • Scaffolding or Scaffolding Erection
  • Swimming Pool Contractors (above or below ground)
  • Traffic Signal Installation or Repair
  • Tunneling
Regular Program Minimum Premiums1 are:
Limit 2 yr Sunset 3yr Sunset 5yr Sunset No Sunset
$500,000/$500,000/$500,000 $3,500 $3,700 $3,900 $4,500
$1,000,000/$2,000,000/$1,000,000 $4,500 $4,700 $4,900 $5,500
$2,000,000/$2,000,000/$2,000,000 $9,500 $9,700 $9,900 $10,500
Except Roofing and Water-Proofing which is:
Limit 2 yr Sunset 3yr Sunset 5yr Sunset No Sunset
$500,000/$500,000/$500,000 $10,000 $10,500 NA NA
$1,000,000/$2,000,000/$1,000,000 $11,000 $11,500 NA NA
$2,000,000/$2,000,000/$2,000,000 $16,000 $16,500 NA NA
  1. Artisan/Small Contractor Program Classifications and Underwriting Guidelines are attached for this Artisan Contractor Program. Deductibles for this program are $1,500 with optional $2,500. In some cases company may provide only the $2,500 deductible for underwriting reasons.
Artisan Program Minimum Premiums1 are:
Limit 2 yr Sunset 3yr Sunset 5yr Sunset No Sunset
$500,000/$500,000/$500,000 $1,000 $1,250 $1,500 $1,750
$1,000,000/$2,000,000/$1,000,000 $1,250 $1,500 $1,750 $2,000
$2,000,000/$2,000,000/$2,000,000 $6,250 $6,500 $6,750 $7,000
  1. Sample Insurance Proposal – All quotes are delivered to you by email in this format that can then be printed on your letterhead for presentation to your client. Carefully review this as it provides a great deal of detail on Risk Retention Groups, policy coverage, conditions and exclusions as well as info on PBSIC and NationsBuilders Insurance Services, Inc. (NBIS) the managing firm for PBSIC.
  2. Specimen Policy – Sample policy for your review. Includes all applicable endorsements. Not all endorsements will be on every policy.
  3. Most current financial data on PBSIC.
  4. Organization Chart – Our re-insurers are A rated. Effective 7/01/05 they are Arch Re and Max Re. “Cut through” endorsement not available.
1 In addition to the premium there is a stock subscription fee of $250 for accounts with $10,000 premium or less and $500 for over $10,000 in premium, appropriate State Taxes on the premium, and a total of $600 in broker/policy fees. Premium for both programs is based upon estimated receipts, however payroll figures and cost of subs are still needed for quoting. Premium must be either paid in full or we can finance as shown in the Sample Proposal. Follow the directions in the Sample Proposal to bind coverage. You must email or fax me the required items in order to bind coverage and then immediately mail originals to me with the premium payment (either required down or full annual) payable to AJS Insurance Services, Inc. Typically, we can provide quotes within 2-3 weeks but in a crunch can turn them around to you within 2-3 days with a fully complete submission. After binding coverage you will receive an email binder that includes policy number within 2-3 days. Policy will be mailed or emailed to you within 2-3 weeks to you. We prefer to receive submissions via email but fax is acceptable if you are not equipped to email them to me. My direct fax number is 928-855-0955. It is important for you to fully understand that there is never any return premium on audit. Audit is only one way – upwards! The estimated premium is the minimum and deposit except for non-pay cancellation in which case it is 25%. You also need to make your client aware that within 30-45 days they will receive an inspection audit via telephone to verify underwriting information and estimated receipts. If this audit reveals discrepancies or increased receipts from that upon which policy was issued the company will immediately issue endorsements reflecting these changes and expect payment of any additional premium plus subscription fees and applicable State taxes or policy will be cancelled. This obviously creates a problem that causes additional work for all of us and should be avoided by informing your client to provide the same information (particularly estimated receipts) as shown on the application for coverage. If you have interest in our OCIP/Wrap Program, contact us via phone or email for more information and applications. This program is designed for the smaller projects and can be written for condo or townhouse projects including condo conversion projects. Maximum policy term is two years. Minimum premium for our OCIP/Wrap Program is $125,000 plus fees and taxes. My assistant, Julie Marshall – Account Manager, or I are available to answer any questions regarding PBSIC and our program. We will make every effort to respond very quickly (usually same day) for any questions. We are not your typical wholesaler and you will be thrilled with our service. Just call or email us. We look forward to working with your Agency and hope we can build a mutually profitable contractors book of business together.

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Risk Retention Group
  • Admitted:
    0
  • Carriers:
  • Carrier Ratings:
    Not currently rated except by DemoTech "A" rating. Financial Statements readily available. Company is very strong financially.
  • Commission:
    10%
  • Min Premium:
    -

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