Nuts & Bolts: Hull & Company announced its new GL product (occurrence form) for California custom homebuilders. Target businesses include high-end custom homebuilders and builders with less than 10 individual homes per year. Underwriting information required: ACORD form, JHI 2004 construction supplemental application, five year loss record (supported by currently valued loss run), some risks with less than five years experience may be considered with a resume, statement of qualification.
Dollars: Minimum premium of $25,000, policy limits of $1 million to $2 million, and various deductibles.
Carrier: Domestic insurer rated “A VIII” by A.M. Best.
States Available: California.
Contact: Jeff Case (866) 434-2210 or jcase@hullco.com
Topics California
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