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Luxury Home Builders
Market Detail: Quaker Special Risk of Eatontown, N.J. has a new program tailored for luxury home builders building homes that have a sale price of $350,000 and up. Coverage is provided for new home construction including incidental remodeling and renovations. The focus is single-family home construction and does not extend to condominiums or townhomes. Quaker has designed the program for accounts that build up to 15 homes per year. The minimum premium for $1 million/$2 million/$2 million in most states is $7,500. Project-specific policies are available. The program has an east coast focus.
Available limits: As needed .
Carrier: Unable to disclose, admitted and non-admitted.
States: All states except Alaska, Ariz., Calif., Colo., Hawaii, Kan., Mont., Mo., N.D., Nev., S.D., and Wash.
Contact: Mike Walsh at 800-447-4180 ext. 2220 or email: mwalsh@qsr-insurance.com.
Nonprofit D&O/EPL
Market Detail: QuoteNBind offers separate limits for D&O and EPL (defense outside on EPL), third-party coverage, data breach extension, workplace violence included, kidnap expense and more. Also available are stand-alone EPL, HOA D&O/EPL, misc. E&O, real estate E&O, web/App designers E&O/BOP. Commission rate is 25 percent.
Available limits: Minimum $250,000, maximum $5 million .
Carrier: Unable to disclose, admitted.
States: All states except Alaska and Hawaii.
Contact: Customer services at 212-293-4802.
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