Demolition Contractors
Offered by Amwins Underwriting
Demolition Contractors Demolition Salvage Excavation Wrecking WreckersDescription
Amwins Program Underwriters, part of the Amwins Underwriting division, offers a Demolition Contractors insurance program that provides coverage for wrecking and/or salvage operations in most states.
Program highlights include: superior claims and loss control service, as well as local rating and underwriting.
We target demo contractors responsible for:
- Wrecking building or structures
- Interior demolition (stripping out) of buildings and structures
Other allowable operations (up to 25% of GL receipts)
- Excavation
- Grading of land
- Recycling of construction debris
- No demolition contractors where more than 25% of demolition operations are subbed out to others
- Wrecking ball and/or blasting performed by the insured
- General Liability
- Automobile
- Pollution
- Excess
All states except Alaska and Hawaii
Limits
- General liability
- General aggregate: $2,000,000
- Products/completed operations aggregate: $2,000,000
- Personal & advertising injury: $1,000,000
- Each occurrence: $1,000,000
- Fire damage: $100,000
- Medical expenses: $5,000
- Per occurrence deductibles of up to $25,000 either on an individual BI and PD basis as well as a BI/PD combined available
- Auto - $1,000,000 CSL
$10,000 General Liability
Carrier
- A.M. Best “A” rated carrier
- Non-Admitted paper for GL and Excess
- Admitted for all other lines
- 75% of operations must be derived from demolition-related activities
- Completed industry standard application
- Demolition Contractors Supplemental Application
- Currently values loss runs for the past five years
- Narrative of any losses in excess of $50,000
- Current balance sheet and most recent audited financial statement including notes or D&B equivalent
- Signed TRIA upon building
- If employee leasing is done, a copy of the lease agreement
- Copy of the safety program if one is in place
- Details of all operations, including discontinued or sold operations, and new acquired operations
- Current drivers list and MVRs
Carrier Information
Admitted
Non-Admitted
Rating A
Rating By A.M. Best
Listing Contact
Mark Coy
Offered By
Availability 49 states
Covered
Not Covered