Commercial General Liability and Excess
Liability program for qualified specialty trade contractors performing remodeling
and new construction work who subcontract at at least 70% of their labor and
costs to adequately insured subs.
The focus is on building trades operating
similarly to Paper General Contractors with solid experience performing similar
work and with solid internal controls on risk transfer with Holdharmless
Agreements and Additional Named Insured status benefiting our insured.
Commercial and residential work is acceptable.
Features:
The program includes coverage for qualified
general contractors performing both residential and commercial
remodeling. The program targets risks that subcontract 70% or more of
their labor and material costs.
While most standard carriers exclude critical CGL
extension forms or opt to include them individually for additional premium,
ProSight’s Specialty Trade Contractors program provides a full range of
built-in coverage enhancements and important liability extension
endorsements
that include:
• Blanket Waiver of Subrogation
• Primary and Non-Contributory language
• Broad Blanket Additional Insured
• Per project limits
All this, in conjunction with risk control and
claim management professionals, enables ProSight to help residential
contractors control their liability exposures and protect the business they
worked so hard to build and preserve.
Limits:
GL and up to 5 Mil in Excess
Admitted