https://completemarkets.com/company/gaddiscompany/Property-Preservationist-Insurance/
Property Preservation Services
GL/E&O Package Product
With Premiums Starting at $1,250
Property Preservationist Insurance Program from Donald Gaddis Company
Donald Gaddis Company offers a specialized Property Preservationist Insurance program designed for contractors working on behalf of lending institutions to maintain and secure vacant or foreclosed properties. With access to A.M. Best-rated A+ carriers and a package GL/E&O product, this program delivers comprehensive protection and underwriting flexibility for a wide variety of preservation services.
Target Classes and Ideal Accounts
This program is ideal for contractors who provide field services to protect and maintain residential properties. If your client is working with banks, mortgage servicers, or asset management firms, this market is a match. Target services include:
Handyperson work
Lawn care and landscaping
Garbage and debris removal
Winterization and weatherproofing
Lock changes and re-keying
Snow removal
Janitorial and cleaning services
Boarding of doors and windows
Pool maintenance
These accounts typically involve mobile operations and third-party properties, making comprehensive GL/E&O coverage essential.
Coverage Features and Advantages
The Property Preservationist Insurance program includes tailored coverages that address the real-world exposures of your clients:
General Liability coverage on an occurrence form—a key advantage over claims-made competitors
Option to write GL and E&O as a package or as standalone policies
GL coverage not limited to the insured’s premises—ideal for mobile service providers
Blanket Additional Insured endorsements may be available
Higher limits offered for larger or growing operations
Backed by A.M. Best-rated A+ carriers
Competitive pricing with premiums starting at $1,250
Responsive and knowledgeable underwriters
Underwriting Notes and Submission Guidelines
To receive a formal quote, submit a completed Acord 125 and the supplemental application available in the left-hand column of this page. For quick indications or to discuss fit, agents can contact Eric Gaddis directly at (888) 853-0071.
Territorial Availability
This program is available in most states, including but not limited to: AL, AZ, CA, CO, FL, GA, HI, IL, IN, IA, KS, MI, MN, MO, NE, NY, NC, OH, OK, PA, SC, TN, TX, VA, WV, and WI. Admitted status varies by state.
Why Choose Donald Gaddis Company?
As a trusted wholesale broker, Donald Gaddis Company brings deep experience in placing niche contractors and preservation services. Our team understands the operational risks your clients face and provides access to markets that are difficult to reach directly. With a reputation for superior customer service and underwriting expertise, we help agents find the right fit quickly and efficiently.
Frequently Asked Questions
What types of accounts are a good fit for this program?This program is designed for contractors who provide property preservation services such as lawn care, winterization, re-keying, and debris removal on behalf of mortgage lenders or banks.
Can I submit just General Liability or E&O coverage?Yes, the program allows for flexible options—GL and E&O can be written as a package or as standalone coverage depending on your client’s needs.
Is coverage available for off-premises work?Yes, unlike some competitors, this program’s GL coverage is not confined to the insured’s premises. It’s suitable for mobile contractors performing work at multiple locations.
What is the minimum premium for this program?Premiums start at $1,250, making it competitively priced for small to mid-sized contractors.
In which states is the program available?The program is available in most states, including CA, TX, FL, NY, IL, and many others. Availability may vary by state and coverage type.
Need help placing an account? Connect with a market specialist.