Coverage Highlights
- Professional liability, primary and excess options
- Pollution liability
- Supplemental payments, including:
- Crisis management expenses
- Appearance at proceedings
- Disciplinary proceedings
- Subpoena assistance
- ADA, FHA, OSHA legal expense reimbursement
- Cleanup cost coverage
Coverage Limits
- $5 million maximum
- $5,000 minimum deductible, for $1 million limit
- $5,000 minimum premium, for $1 million limit
Appetite & Availability
Targeted Risks
- General contractors
- Electricians
- Plumbers
- Painters/drywallers
- Carpenters
- Carpet/tile installers
- Landscapers
- Audio/video installers
- Demolition/excavation contractors
- HVAC contractors
- Machine fabricators
- Roofing contractors
- Steel/concrete contractors
Additional Information
- Write on non-admitted paper
- Rectification cost coverage to remedy a design defect
- No faulty workmanship exclusion
- Waiver of subrogation wording when insured agrees to prospectively waive via written contract
- No hammer clause
- Choice of counsel with insurer’s consent
- Up to $25,000 deductible credit for voluntary mediation
- Automatic coverage for acquisitions of entities whose revenues are less than 50% of the named insured’s revenues
- Wrongful act includes personal injury offense
- Final adjudication for fraud claims
- Punitive and exemplary damages covered, where insurable
- Risk management services include contract review by outside counsel at no cost
Coverage is always subject to all of a policy’s terms and conditions. This is a summary of certain key aspects of coverage. Review the policy form for complete terms and conditions. Products are underwritten by U.S. insurers that are members of Argo Group. Some products are only available through an authorized surplus lines insurer.
