Conduit Insurance Services of Irvine, Calif., has a new residential wrap market – “mini-wrap” available in California, Arizona and Nevada. The program is designed for smaller single-family and multi-family residential projects. One of the key features is it includes coverage for the builder, general contractor and enrolled subcontractors under an Owner Controlled Insurance Program (OCIP).Policy Limits are up to $1 million/$2 million/$2 million. Coverage is being provided by a nonadmitted carrier rated “A” VIII. Deductibles are as low as $5,000. Minimum premium is $25,000. Endorsements are on an ISO Occurrence form. For information, visit www.ConduitIns.com.
Topics California
Was this article valuable?
Here are more articles you may enjoy.
Freight Broker Says $400K in Lobster Meat Stolen in Fictitious Pickup 
Brown & Brown Files Suit Over Alleged Howden Poaching of 200+ Employees 
’60 Minutes’ Homeowners Ask Court to Force DFS to Divulge Heritage Probe Info 
Abundant Reinsurance Capacity Accelerates Market Softening During 1/1 Renewals 
