Coverage Highlights

By providing full action over coverage as well as non-action over coverage on owners, general contractors and trade contractors in New York, Argo Construction can meet the needs of a variety of construction risks in the state.

General Contractors

• Focused on practice policies only
• Primary and excess liability

Trade Contractors

• Focused on interior trade contractors
• Primary and excess liability
• Consideration for certain high-hazard classes with an opportunistic approach

Coverage Limits

• $2 million per occurrence
• $4 million general aggregate
• $4 million products aggregate
• Ability to provide up to $10 million in lead excess limits

Appetite & Availability

General Contractors – focus on rehabilitation and renovation

• Minimum premium $60,000
• Practice policies only (no project general contractor)
• No self-performed (employee) height work

Trade Contractors

• Minimum premium $45,000
• No self-performed (employee) exterior or height work; such work can be subcontracted.
• Excludes roofing, street and road, demolition, sewer/water main and new ventures.

Prohibited Classes

• Street and road
• Demolition
• Roofers
• Sewer/water main contractors
• New ventures (some consideration given to general contractors on a limited form)
• The above contractors may be considered for excess of $10 million.

Excess

• Lead excess – up to $10 million on supported coverage
• Capacity deployed depends on size and scope of project or risk.
• High excess – up to $25 million in cases of $10 million excess

Additional Information

Send submissions to submissions@argoconstructionus.com