Policy Highlights for General Contractors Insurance:
Property and Liability coverages available on a monoline or package basis for commercial general contractors with administrative or managerial responsibility for new construction or remodeling projects and who exercise supervisory control of operations, whether direct or indirect, performed by employees and insured subcontractors in a variety of trades.
Commercial General Liability Coverage available for General Contractors Insurance:
• Primary limits up to $3,000,000 Occurrence and Aggregate
• Per Project Aggregate
• Excess or Umbrella limits up to $25,000,000
• Available at no additional charge:
- $5,000 Medical Payments Coverage
- Additional Interests—Blanket Coverage when required by contract, written agreement, or written permit for ongoing operations
- Primary and Noncontributory Wording—Applicable to additional insureds under CG 20 33
- Waiver of Subrogation—Blanket Coverage included per prior written agreement
Property Coverage available:
• Accounts Receivable
• Basic, Broad, or Special Form
• Building
• Business Income
• Business Personal Property
• Computer Equipment
• Contractor’s Equipment
• Equipment Breakdown
• Inland Marine
• Outside Signs
• Replacement Cost or Actual Cash Value
• Valuable Papers
Crime Coverage available for General Contractors Insurance:
• Inside the Premises—Theft of Money and Securities
• Inside the Premises—Robbery or Safe Burglary of Other Property
• Outside the Premises