If it involves EIFS in any way, from your contracting or developing operations to
property you may own, we’re your single source for insurance products. The list below briefly outlines the various insurance products we offer.
Click on the link
below that describes what you’re looking for…
Liability Products General Contractors General Liability Insurance
General contractors typically rely on their subs to furnish coverage when EIFS is involved.
But how do you really know that they actually have the coverage you’re expecting?
Unexpected losses arise when GC’s assume too much about their subs coverage, leaving
them holding the bag. Changing your insurance coverage to include EIFS would provide
a backstop for subs whose carriers deny a claim.
Architects and Engineers Professional Liability Insurance
Architects and Engineers have over the years come to the conclusion that writing
EIFS into their plans is problematic, partly because insurance is difficult to get
for themselves and the contractors that may be working the project.
EIFS insurance is readily available for A&E firms at typically no additional cost.
But more importantly, firms should be aware that coverage is readily available for
GC’s and subs alike through our programs. If the project is substantial enough,
we may recommend an OCIP or CCIP that would include coverage for EIFS. Or, we may
simply provide coverage for the down line subs and GC.
Whether it’s commercial or residential, give me a call and I’ll walk you through
the available programs.
General Contractors Excess Liability Insurance
Most GC’s carry more than the industry standard 1/2/2 limits. If you or
your subs work with EIFS, coverage for that class of work should be included in
your excess liability policy.
Contractors Pollution Liability – The Mold Gap
General Liability policies for General Contractors have long since stopped covering
mold related losses. Coverage for the gap in coverage that exists for mold related
losses can be purchased covering ALL your classes of work including EIFS as well.
Artisan Contractors General Liability Insurance
We offer liability policies to contractors working with EIFS, and do so with an eye towards contract compliance. Your policy
will not only cover EIFS, but it will contain the critical components required by
most GC’s:
Coverage for commercial related work
Coverage for residential work, including
Single Family Custom Homes
Condominium/Town home repairs
Commercial work
Apartments
Assisted Living
Limits of 1,000,000/2,000,000/2,000,000
Contractual Liability
Additional Insured (CG 20 10 11/85 equivalent)
Waiver of Subrogation
Primary and Non-Contributory wording
No charge for certificates or additional insured endorsements
Low deductibles
Occurrence form
Artisan Contractors Excess Liability Insurance
More and more GC’s are requiring limits higher than the
industry standard 1/2/2. If you’re trying to obtain work on larger or more sophisticated
jobs, chances are you’re going to be required to carry excess limits of liability.
Simply put, this is another layer of liability that sits on top of your general
liability and your auto liability. A policy for 4 million would give you a total
of 5 million each occurrence. If you don’t have this coverage already, don’t be
surprised when a GC asks for it. One annual policy covers all your work for that
year, just like your general liability.
Artisan Contractors Pollution Liability – The Mold Gap
General Liability policies for specialty Contractors have long since
stopped covering mold related losses. Coverage for the gap in coverage that exists
for mold related losses can be purchased covering ALL your classes of work including
EIFS as well.
Property Building Owners with EIFS cladding
Some property owners have trouble finding coverage when their building has an EIFS cladding. While insurance
carriers should see the value in EIFS claddings that were quality warranted systems,
installed by certified installers, this is not always the case. Call us and we’ll
help you place coverage for both property and liability on all your buildings.
Large Project Liability Wrap/OCIP programs with EIFS coverage included
Some projects, for varying reasons, are better covered by an OCIP (Owner Controlled Insurance Program).
These are usually mixed use projects or condominium high rises. When the eventual
exposure seems large, you feel subs may have a hard time complying with limits and
coverage that should be carried by all who contribute on the project, then OCIP’s
are your answer.
While there are many policies and programs out on the market today,
some policies don’t contemplate the EIFS work, design or any mold related coverage
for unexpected water intrusion. Don’t be caught wondering if this coverage exists.
Let us do an analysis of your project and show you how these critical coverage’s
can be obtained, usually for a cost no higher than what you would have normally
paid. We have the industry relationships to get you what you need.
Wednesday, February 8, 2012
Single Family Custom Homes