Search CompleteMarkets

Novatae Risk Group specializes in Wrap-Up programs designed for project-specific General Insurance needs. A Wrap-Up consolidates coverage normally plac...control reports. Including a proposed wrap administration plan and confirmatio...

...l Liability Project-Specific & Wrap Policies Terms up to ...esidential general liability policies Wrap up policies Project specific polici...

Commercial businesses face a broad range of property and liability exposures, and finding a cost-effective, comprehensive solution can be difficult. Novatae Risk Group offers a tailored Commercial BOP/GL and Property Insurance Package for small- to mid-sized businesses across many industries. Through Novatae’s partnership with Empire, you get fast turnaround, flexible underwriting, and in-house authority so you can place business and serve your clients more efficiently. This program bundles General Liability and Property coverages into one streamlined package. With competitive pricing and a $500 minimum premium, you can quote, bind, and issue policies in-house—helping you deliver a faster response without sacrificing coverage strength. Ideal Accounts and Appetite Novatae’s package fits a wide range of commercial risks. Typical classes we place include: Retail stores and shopping centers Restaurants, bars, and bed & breakfasts Apartments, condominiums, and office buildings Funeral homes and health clubs Mobile home parks, museums, and mini-golf facilities Vacant land and properties requiring flexible solutions Artisan contractors are also a strong fit—HVAC technicians, plumbers, drywallers, roofers, appliance installers, and similar trades. The program works particularly well for mixed-exposure risks, for example a small hotel with onsite dining or a contractor that needs coverage for tools and equipment. Example scenarios you can place quickly: One-location restaurant needing GL, property, and limited business income coverage with same-day bind. Three-unit apartment building with building coverage and GL for onsite management, within in-house property authority limits. Coverage Highlights and Advantages 4-hour indications/quotes for eligible submissions Same-day bind and policy issuance on qualified risks $1,000,000 / $2,000,000 General Liability limits with ISO GL forms Excess liability available up to $5,000,000 In-house property authority up to $5,000,000 per location Ability to submit higher property values up to $25,000,000 with fast approval turnaround Broad class code acceptance across commercial sectors Written on admitted and non-admitted paper with A–XV rated carriers Property and Inland Marine: Basic and Broad Form options are available. Coverages include buildings, contents, business income, contractor’s equipment, and tools—with equipment sub-limits up to $250,000 for owned, leased, or rented property. Key extensions and sub-limits include: $25,000 blanket limit for Fire Extinguishing System Expenses Lock replacement, outdoor signs, landscaping, and tenant move-back expenses Sub-limits for sewer/drain backup, employee dishonesty, forgery, money & securities, and spoilage Underwriting Requirements and Minimum Premiums Completed ACORD 125 and 126 for General Liability Property and equipment ACORDs as applicable Supplemental application required for most accounts Minimum premium starts at $500 with a minimum deductible of $500. Novatae’s underwriting is structured to be fast and flexible, making it straightforward to place both standard and non-standard risks when they meet program guidelines. Territories and Availability This program is available in most states, including: AL, AK, AZ, CA, CO, CT, FL, GA, IL, KY, LA, MN, MS, MO, NV, NJ, NM, NC, PA, SC, TN, TX, UT, VA, WV, and WI. Coverage can be written on admitted or non-admitted paper depending on the state and risk profile, using A–XV rated carriers. Why Work With Novatae Risk Group? Novatae is a wholesale broker with deep market access and in-house authority designed to help agents close commercial business faster. Their strengths for this program include responsive service, competitive pricing, broad class appetite, and the ability to issue policies quickly—helpful when your client needs immediate proof of coverage. Call 800-758-8113 to speak with a broker about your next Commercial BOP/GL and Property submission. Frequently Asked Questions What types of accounts are a good fit for this program?This program is ideal for small to mid-sized commercial accounts, including retail stores, restaurants, apartments, artisan contractors, and mixed-use properties. How quickly can I get a quote or bind coverage?Novatae can provide indications or quotes within 4 hours and offers same-day binding and policy issuance on qualified accounts. What property limits are available under this program?In-house authority is available for property values up to $5 million per location, with submissions accepted for values up to $25 million. Are both admitted and non-admitted markets available?Yes, the program uses both admitted and non-admitted A-XV rated carriers, depending on the state and risk profile. What states is this program available in?This program is available in most states, including CA, TX, FL, NJ, IL, GA, and more. Contact Novatae for specifics by state. Need help placing an account? Connect with a market specialist.

Novatae Risk Group offers a flexible, competitively priced Commercial Insurance Package Program – AXV designed to help agents and brokers place a wide range of small- to mid-sized commercial accounts. The program combines Commercial Property and ISO General Liability into a streamlined package covering more than 200 class codes, with in-house underwriting for faster turnaround. With full in-house quoting, binding, and issuance capability, Novatae can provide same-day service on qualified submissions. Backed by an A.M. Best rated AXV carrier, the program is available on both admitted and non-admitted paper in most states, giving you flexibility to meet clients’ needs. Whether the account is a single retail location or a small multi-location service business, this program delivers reliable coverage and responsive service. Please contact us at 800-758-8113 to speak with our brokers about placing Commercial Insurance Package accounts. Program Highlights: SAME DAY QUOTE, BIND & ISSUE! $1,000,000 / $2,000,000 CGL limits – ISO form, standalone or package* Excess liability up to $5,000,000 available In-house authority for property coverage up to $1,500,000 total value per location Property values up to $25,000,000 – submit for fast approval *Property coverage options include Building, Business Personal Property, Contractors Equipment, Business Income, and Extra Expense. Program Features: A.M. Best rated AXV carrier $500 minimum premium $500 minimum deductible ISO form General Liability Target Accounts: Apartments Office buildings Bed & breakfasts Health clubs Plant nurseries Restaurants Upholsterers Retail stores Hardware distributors Gas stations Mini-golf facilities Appliance distributors Gun clubs Video stores Barber / beauty shops Home improvement services RV parks Funeral homes Health & sports clubs Theatres Taxidermists Auto parts distributors Hotels / motels Museums Open-air parking lots Printers Warehouses Vacant land & property Target Contractor Classes: Ideal artisan contractors include sewer contractors, roofers, sign erectors, painters, drywallers, plumbers, septic tank cleaners, HVAC installers, appliance installers, and metal erectors. Property: Both basic and broad form coverage are available. Optional extensions: Outdoor signs, lock replacement, fire extinguishing system expense, sewer backup, employee dishonesty, money & securities, food spoilage, and forgery/alteration. Submission Requirements: Acord 125 and 126 for General Liability Applicable Acords for Property/Equipment Three years of loss runs Completed supplemental application Territories and Availability: This program is available in most states, including AL, AK, AZ, CA, CO, CT, FL, GA, IL, KY, LA, MN, MS, MO, NV, NJ, NM, NY, NC, PA, SC, TN, TX, UT, VA, WV, and WI. Both admitted and non-admitted options are accessible depending on the state and risk profile. Why Work With Novatae Risk Group? As a wholesale broker, Novatae provides efficient access to quality commercial package markets and dedicated in-house underwriting authority. Our strengths include quick turnarounds, broad class code appetite, and strong carrier relationships that help you place accounts other markets may decline. We focus on practical, service-forward solutions so you can get bindable terms faster and move on to the next submission. Example scenarios that fit well: A local restaurant with a moderate liquor exposure seeking a $1M/$2M GL limit and business income coverage for a single location. A chain of three retail stores needing a packaged property and liability program with in-house binding and a quick effective date. Frequently Asked Questions What types of accounts are a good fit for this program?This program works well for small- to mid-sized commercial clients such as restaurants, retail stores, health clubs, artisan contractors, and hospitality businesses like hotels and RV parks. Can I get a quote, bind, and issue coverage on the same day?Yes. For qualifying submissions, Novatae can quote, bind, and issue coverage in-house on the same day. What are the property coverage limits available?Novatae has in-house authority up to $1.5 million per location, with fast approval available for property values up to $25 million. Is the program available on admitted paper?Yes. The program is offered on both admitted and non-admitted paper, depending on the state and the risk profile. What are the submission requirements?Provide Acord 125 and 126 for GL, applicable Acords for property/equipment, three years of loss runs, and the completed supplemental application. Need help placing an account? Connect with a market specialist.

...ers Available in most states Wrap Up - CCIPs (Contractor-Controlled Insu... competitive pricing is available for wrap-up and CCIP placements. Need help...

Novatae Risk Group offers a comprehensive solution for agents and brokers seeking solid markets for small to mid-sized contractors. Through its Contractor General Liability & Property Insurance Package – AXV, Novatae provides access to a streamlined program designed to protect your contractor clients from a wide range of property and liability exposures—while helping them save time and money. This program, backed by an A.M. Best Rated AXV carrier, enables you to quote, bind, and issue new accounts in-house on the same day. That fast turnaround allows you to respond quickly to your clients’ needs, providing efficient service and improving retention. Ideal Contractor Classes This program targets a wide range of artisan and general contractors. Some of the top classes include: Appliance Installation Carpentry Concrete & Asphalt Developer - Builder Dirt Work Drywallers Electricians Excavation Contractors General Contractors HVAC Technicians Landscapers Metal Erectors Masonry Painters Paving Contractors Pipeline Contractors Plumbers Pool Contractors Road & Bridge Contractors Roofing Contractors Septic Tank Cleaners Sewer Contractors Sheet Metal Workers Sign Erectors Whether your client runs a small HVAC company or is a general contractor managing multiple subs, this program can address their liability and property needs in one simplified package. Coverage Highlights Same-day quote, bind, and issue capability General Liability Limits: $1,000,000 / $2,000,000 (ISO Form, standalone or package) Excess Liability available up to $5,000,000 In-house Property authority up to $1.5M per location Property values up to $25M considered with quick submission and approval turnaround Property coverage includes: Building, Business Personal Property, Contractors Equipment, Business Income, and Extra Expense. Available extensions: Outdoor Signs, Lock Replacement, Fire Extinguishing System Expense, Sewer Backup, Employee Dishonesty, Money & Securities, Food Spoilage, Forgery and Alteration. Program Features Carrier rated A-XV by A.M. Best Admitted and non-admitted options available $500 minimum premium $500 minimum deductible ISO-based General Liability coverage Submission Requirements ACORD 125 and 126 for General Liability Applicable ACORD forms for Property and Equipment Three years of loss runs Program-specific supplemental application Available States This program is available in most states, including AL, AK, AZ, CA, CO, CT, FL, GA, IL, KY, LA, MN, MS, MO, NV, NJ, NM, NC, PA, SC, TN, TX, UT, VA, WV, and WI. Why Work with Novatae Risk Group? Novatae Risk Group is a trusted wholesale broker with access to top-rated carriers and underwriting expertise across a wide range of contractor classes. Their in-house authority and ability to issue same-day quotes and policies make them an excellent partner for agents looking to place contractor business quickly and efficiently. You might have a client who’s a residential remodeler or a commercial roofer needing fast coverage for a new project. Novatae can help you deliver the right protection with speed and confidence. Call 800-758-8113 to speak with an experienced broker today. Frequently Asked Questions What types of contractor businesses are eligible for this program?This program targets a wide range of contractors, including general contractors, electricians, plumbers, HVAC techs, landscapers, roofers, and more. What are the general liability limits offered?The program offers standard CGL limits of $1 million per occurrence and $2 million aggregate, with excess limits available up to $5 million. How quickly can policies be quoted and bound?Novatae has in-house authority to quote, bind, and issue policies on the same day for qualifying accounts. What property coverages are included?Property coverage can include buildings, business personal property, contractors equipment, business income, and extra expense, with optional extensions available. Is this program available in all states?No, but it is available in most states including CA, TX, FL, GA, IL, and others. Contact Novatae for state-specific eligibility. Need help placing an account? Connect with a market specialist.

... underwriting justification. Large wrap-up projects should be submitted for re...

...lexible layers up to $5 million to wrap primary limits Automatic Inland Mari...