Texas-based Southwest Risk announced its appointment as the exclusive wholesale broker in the Southwest for a new crane and heavy construction program.
The program is designed for crane/rigging and related classes. This new program will offer general liability, commercial auto and inland marine coverage.
Sample non-residential risks include: Crane rentals with and without operators; machinery moving and installation; steel and concrete panel erection; rigging and millwright; plant maintenance; heavy hauling/oversize/overweight transportation; and commercial construction equipment rental.
General liability coverage details include: Non-admitted coverage with $1 million / $2 million / $1 million limits of liability (up to $2 million in products and completed operations available); commercial occurrence form; per-project aggregate; over-the-road mobile equipment included; on-hook coverage (included within policy limits); owners contractors protected (OCP) liability available; $5,000 minimum deductible (higher available); and $25,000 minimum policy premium.
Commercial auto coverage details include: Admitted coverage; $1 million combined single limit (CSL) limits of liability/business auto policy; non-owned and hired option available; rated for service use; no restrictions on vehicle type or size; carrier rated “A-” (X) Excellent, by A.M. Best.
Inland marine coverage details include: Contractor equipment coverage (cranes, mobile equipment); boom collapse can be quoted for inclusion; includes contractor’s equipment enhancement endorsement; contractor tools coverage – unscheduled equipment and employee tools can be covered via endorsement; scheduled trailer option available; equipment leased or rented to others can be endorsed by request; claims paid based on ACV; builders risk and electronic data processing policies also available.
Contact Southwest Risk in Dallas, 214-206-4900, or Houston, 713-914-9000, for more information.
Source: Southwest Risk
Topics Construction Contractors
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