Owner’s Interest/OCP

Our Owner’s Interest and Owners and Contractors Protective (OCP) unit provides quick solutions with broad terms, supported up to $10M excess limits, and access to our dedicated underwriters, all through our easy-to-use platform, Owner’s Edge.

Online Quoting

To learn more, sign up for Owner’s Edge, Argo Construction’s online quote platform for all Owner’s Interest and OCP submissions.

Coverage Highlights

Owner’s Interest (OI)

Offering full general liability limits for property owners, including completed operations and extended completed operations coverage up to the state statute of limitations.

Requirements:

  • The general contractor manages all subcontractor activity and job site safety, providing the insured/owner with hold harmless, indemnification language and additional insured status for ongoing and completed operations.
  • Standard coverage requires at a minimum: an executed contract certificate of insurance from the hired general contractor.

Capacity:

  • Primary: 1M/2M/2M
  • Supported excess with limits up to 10M

Owners and Contractors Protective (OCP)

OCP coverage supplements the owner’s additional insured status on the general contractor’s policy during construction.

Requirements:

  • The general contractor will provide additional insured and primary and noncontributory status to our named insured, as well as adequate limits for the scope of work.

Capacity:

  • Primary limits only up to 5M/5M

Appetite & Availability

Appetites below represent targets and are not exhaustive.

Target Appetite: OI and OCP policies

  • Owners hiring only the general contractor
  • Single-location projects
  • Commercial or industrial projects
  • Vacant buildings

Additional Operations Considered:

  • Nonstructural renovation of occupied buildings
  • Demolition-only projects
  • Residential buildings
  • Direct hires of additional trades (limited number)

Minimum Premiums:

  • OCP outside of NY: $1,000
  • OCP in NY: $2,500
  • OI outside of NY: $3,500
  • OI in NY: $7,500

Additional Information

Send submissions to [email protected]

Resources

Contact

For more information about Owner’s Interest/OCP, please contact:

Danielle Sheridan

AVP, Construction - Owner's Unit

804-759-2958 Email Danielle Sheridan
How to Report a Claim

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