Ideal Accounts and Appetite
This program is tailored for concrete contractors working on foundation repair and structural restoration. It also fits general contractors involved in new residential or commercial construction, restoration work, and those who subcontract 100% of their operations. The program accepts:
- New ventures and accounts with no prior insurance
- Accounts with prior claims activity (subject to underwriting)
- Construction managers and paper GCs
- Tract work and apartment projects (with approval)
- Roofers and contractors needing EIFS coverage (underwriter approval)
Coverage Highlights and Advantages
- Rated A15 by AM Best – strong carrier backing (International Insurance Company of Hannover LLC)
- Non-admitted solution offering underwriting flexibility
- Blanket Additional Insured, Primary & Non-Contributory, Waiver of Subrogation, and Per Project Aggregate available
- Subsidence and Prior Projects coverage (limitations apply)
- Minimum premiums starting at $2,000; $3,000 if prior work coverage is deleted with loss runs
Underwriting Notes and Ineligible Risks
While the program has broad eligibility, the following risks are ineligible:
- New construction of condos, condo conversions, and townhouses
- Process piping, blasting, tunneling, landfills, or emergency system exposures
- Bridge and airport construction
- Swimming pool and fire suppression contractors
- Crane operators
Territories and Availability
Available in AZ, CA, CT, FL, ID, IL, ND, NV, NJ, OH, OR, PA, TX, UT, and WA. The program is written on a non-admitted basis, allowing for broader underwriting flexibility in these states.
Why Work With Gladius Insurance Services, LLC?
As an experienced Excess & Surplus Lines Broker, Gladius Insurance Services, LLC understands the unique challenges contractors face—especially in the niche of foundation repairs. Many markets exclude this class, but Gladius steps in with underwriting support, flexible coverage terms, and access to a strong carrier. Whether your client is launching a new venture or has prior claims, Gladius can often find a solution.
You might have a client who specializes in residential foundation repairs for older homes in California or a commercial contractor starting a new structural restoration division in Texas—this program can help you place that business with confidence.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Concrete contractors performing foundation repairs, general contractors, construction managers, and restoration specialists are ideal fits. New ventures and accounts with claims history are also considered.
Is prior insurance required for eligibility?
No, accounts with no prior coverage can be accepted, subject to underwriting.
What is the minimum premium for this program?
Minimum premiums start at $2,000. If prior work coverage is deleted with loss runs, the minimum may increase to $3,000.
In which states is this program available?
This program is available in AZ, CA, CT, FL, ID, IL, ND, NV, NJ, OH, OR, PA, TX, UT, and WA.
What are some common ineligible risks?
Condo construction, process piping, blasting, landfill work, airport or bridge construction, and swimming pool or fire suppression contractors are not eligible.
Need help placing an account? Connect with a market specialist.