Excavation & Grading of Land Insurance Program from Cochrane & Company
Dig into new opportunities with Cochrane & Company's Excavation & Grading of Land Insurance program. Designed specifically for excavation and grading contractors operating with equipment, this program offers flexible coverage options on either a monoline or package basis. Whether your client is a small contractor or a larger excavation firm, Cochrane & Company provides tailored solutions to meet their unique risks and exposures.
Ideal Accounts and Appetite
This program is ideal for contractors engaged in site preparation, grading, trenching, and general excavation work. Target accounts include operators specializing in land clearing, grading for foundations, and utility trenching.
Please note that this program is not intended for any of the following operations:
- Public street or road construction
- Mining operations
- Installation or removal of underground tanks
- Landfills
- Dam or tunnel construction
- Snow removal operations
If you have clients working in general land excavation or site prep for residential or commercial development, they are likely a strong fit for this program.
Coverage Highlights and Advantages
Property Coverage:
- Building
- Business Personal Property
- Business Income
- Basic, Broad, or Special Form
- Replacement Cost or Actual Cash Value
- Accounts Receivable
- Computer Equipment
- Contractor's Equipment
- Outside Signs
- Valuable Papers
Commercial General Liability:
- Primary limits up to $3 million occurrence/aggregate
- $5,000 Medical Payments Coverage – Included
- Additional Interests – $100 each
- Excess or Umbrella limits up to $25 million
- $1,000 minimum deductible required
Crime Coverage:
- Coverage for theft of money and securities inside the premises
- Robbery or safe burglary of other property
- Coverage also available outside the premises
Underwriting Notes and Minimum Premiums
Minimum premiums vary depending on account size, operations, and coverage selected. A $1,000 deductible is required on liability coverages. Cochrane & Company underwrites each submission with attention to detail, ensuring appropriate coverage for each risk.
Territories and Availability
This program is available in the following states: AK, CA, ID, MT, NV, NM, ND, OR, WA, and WY. Coverage is written on a non-admitted basis with access to a range of carriers.
Why Work with Cochrane & Company?
Cochrane & Company is a trusted Managing General Agency (MGA) with a deep understanding of contractor insurance needs. With access to multiple markets and a strong focus on excavation and grading contractors, they provide responsive service and flexible underwriting to help agents place hard-to-insure or niche risks confidently.
Whether your client is grading land for residential development or performing trenching for utility installation, Cochrane & Company is ready to help you find the right solution.
For more information about Excavation & Grading of Land Insurance, please feel free to contact us!