[quote="PCorathers"]There are LOTSA admitted markets for trade contractors with minimum premiums starting at a 1000 + fees. Try Statewide, Colonial General, Superior Access, or CBIC. I write a couple or so every month - easy money!
There is no need for a small trade contractor to pay alot of money or have restricted coverage. You may have trouble if they do tracts or condo's. If not then you are good to go.
Generals are a WHOLE other story, of course. I would NEVER write a modified occurance ie claims made, unless you have your E&O paid up!!
Those are GA's not insurance companies (except for CBIC and CBIC checks credit so not everyone qualifies). The question is what carriers are they quoting you with? If you are placing your coverage through a General Agent, especially Superior Access, chances are you ARE writing a limited form of some sort. For example, Superior Access's main carriers are Lincoln General, Century Surety, Probuilders, and Safeco. There is a problem with each. Lincoln General IS a modified occurrence form. Century Surety IS a claims made form. Pro-builders is an RRG (my E&O excludes a nonrated company) and Safeco does not allow ANY new residential contruction, PAST or present. Also modified occurrence isn't quite the same as claims made.
So to say there are LOTSA admitted markets for trade contractors without a restricted form just isn't correct. Sorry but I would check your policies that came back from Superior Access.