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
- 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 Amounts
Coverage Limits
- Primary: $1/2/2M or $2/4/4M
- Excess: Ability to offer up to $9 million in lead Excess limit over our Primary $2/4/4M
Appetite & Availability
General Contractors – focus on rehabilitation and renovation
- Minimum premium is $45,000 (with a limited form) & $55,000
- Note: If the only direction payroll is supervisory and a limited form is applied, our MP can be as low as $30,000
- No self-performed (employee) exterior height work – such work can be subcontracted out
Trade Contractors
- Minimum premium is $40,000
- No self-performed (employee) exterior or height work – such work can be subcontracted out
- Excludes roofing, street and road, demolition, sewer/water main, and new ventures
- Focus on practice policies
New York Construction Prohibited Classes
- Street and road
- Demolition
- Roofers
- Sewer/water main contractors
- New ventures (consideration given to general contractors on a limited form)
Excess
- Lead Excess – up to $10 million on supported coverage
- Capacity deployed depends on size and scope of project or risk.
What’s Unique
- The ability to offer a 2/4/4 Primary, a 3×2 Excess, & additional 6×5 Excess, all on the same risk
Additional Information
Send submissions to [email protected]
