Specialty Commercial General Contractors Program
Qualification Requirements:
Program is intended for best in class qualified Paper General Contractors performing Commercial New Construction and Commercial Remodeling. General Contractors must subcontract at least 85% of their work. Revenues of $10M maximum for practice policy. Revenue/hard cost of $5M max for project policies.
The program will NOT accept: Home Builder GCs, Condo Construction GCs, Townhome Construction GCs, Single Family Home Remodel GCs, Owners Interest Only.
Coverage Outline:
- Commercial General Liability, up to 2/4/4
- Policy Form: CG0001 (04/13)
- Per Project Aggregate
- Blanket Additional Insured (CG2010 (04/13), CG2012, CG2018, CG2037)
- Blanket Waiver of Subrogation
- Primary Non Contributory
- Minimum Premium $7,500 (All Except NY)
- NY Minimum Premium $17,500, NYC Boroughs Minimum Premium $30,000
- Excess coverage available up to $3M in limits
Project-Specific Coverage Available:
- Under $5M Revenue/Cost
Submission Requirements:
- 5 Years Currently Valued Loss Runs
- Minimum 3 Years in business or 6 years of construction experience
- Acord Application & SCGS Applications
- Copy of Subcontractor Agreement
- Subcontract Agreement
- 3 COIs from subcontractors
- Detailed work on hand
*Other markets are available for risks not fitting this profile.
