General ContractorsProgram – Commercial
INTENT & ELIGIBILITY CRITERIA:General Contractors, who have administrative or managerial responsibility for commercial construction projects and exercise supervisory control of operations, whether direct or indirect, performed by employees and insured subcontractors in a variety of trades.
Examples include:
- Commercial General Contractors.
- Commercial Remodeling General Contractors.
- Owner/Builders (commercial buildings) acting as the General Contractor.
- Commercial Paper Contractors.
LIMITSAVAILABLE:
- Starting at $100,000. each Occurrence / $100,000. Aggregate.
- Up to $1,000,000. each Occurrence / $2,000,000 Aggregate.
- Higher limits available on a risk by risk basis.
COVERAGEHIGHLIGHTS:
- General Liability.
DEDUCTIBLES:
- $1,000.
INFORMATIONNEEDED:
- Completed Contractors/Developers Application.
- Premium, terms & conditions desired.
PREMIUMSSTARTING AT:
- $20,000.
OTHER COVERAGES AVAILABLE:
- The following coverages are also available on a monoline basis:
-Employment Practices Liability -Equipment Floater
-Property -Salting Coverage
-Umbrella
RUSSELL
BOND &
CO., INC.
General Contractors Program – Residential
INTENT & ELIGIBILITY CRITERIA:General Contractors, who have administrative or managerial responsibility for residential construction projects and exercise supervisory control of operations, whether direct or indirect, performed by employees and insured subcontractors in a variety of trades.
Examples include:
- Residential General Contractors – eight or fewer new single-family residences per year or at any one project side. (i.e. A duplex is equivalent to two single-family residences.) Condominiums and townhouses prohibited.
- Residential Remodeling General Contractors.
- Owner/Builders acting as the General Contractor.
- Residential Paper Contractors.
- Contractors subbing out more that 25% of their work.
LIMITSAVAILABLE:
- Starting at $100,000. each Occurrence / $100,000. Aggregate.
- Up to $1,000,000. each Occurrence / $2,000,000. Aggregate.
- Higher limits available on a risk by risk basis.
COVERAGEHIGHLIGHTS:
- General Liability.
DEDUCTIBLES:
- $2,500.
INFORMATIONNEEDED:
- Completed Contractors/Developers Application.
- Premium, terms & conditions desired.
PREMIUMSSTARTING AT:
- $20,000.
OTHER COVERAGES AVAILABLE:
- The following coverages are also available on a monoline basis:
-Equipment Floater -Property
- Umbrella -Workers Compensation (when
payroll is in excess $100,000.)
This Product Sheet is intended to briefly outline basic information only. Availability of the product and actual terms ultimately offered can only be determined on a per account basis and only after adequate underwriting information has been furnished. 2/04