A.M. Best B+ (Good) Rated Contractor GL Insurance Carrier Expanding to 35 States

Sponsored Content March 10, 2010

National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, Missouri, Nebraska and Virginia.

NCIC specializes in CGL for the licensed residential general and artisan contractors, and writes the difficult Classes: Custom Home Builders & Developers, Roofers, Masonry, Concrete, Excavators, Fire Sprinklers, Paper GCs, New Ventures and most Artisan classes.

NCIC is seeking qualified agents and brokers to represent its CGL program in the expansion states.

Advantages of NCIC:

  • Highly competitive pricing
  • Premiums starting at $1,000 / Rating based in Gross Receipts
  • Quick-Quote online rater for real-time pricing indications within seconds
  • Direct access to underwriting decision makers
  • Professional, responsive, and knowledgeable service

NCIC Program Details

Carrier: National Contractors Insurance Company, a Risk Retention Group, A.M. Best B+ (Good)
Policy: Occurrence – Manuscript Form
Reinsurance: A.M. Best Rated (A-) IX, 90:10 quota share in excess of $10,000
States: AK, AR, AZ, CA, CO, FL, GA, ID, IL, KY, LA, MT, NC, NJ, NM, NV, NY, OR, PA, SC, TN, TX, UT, WY & WA
Soon to be available: AL, CT, IN, IA, KS, OH, MS, MO, NE and VA
Limits of Liability: $500K/$1M, $1M/$1M, $1M/$2M
S.I.R.: $1,000, $2500, $5,000, $7,500, $10,000
Basis: Gross Receipts
New Ventures: Welcome (Resume of Experience Required)
Policy Term: One (1) year only
Premium Financing: Available at 25% down + 100% applicable fees due at binding or use own finance company
Endorsements: Blanket Additional Insured – Issued with each policy
A.I. Primary Wording – $200/Each
Waiver of Subrogation – $300/Each
Torch-down Sublimit: $25,000 Standard, can purchase up to $50,000 in coverage

For more information, please visit the NCIC Web Site at www.4NCIC.com, or contact Alan Ring, Director of Sales & Marketing at 866-774-2247, ext. 207, E-mail aring@4ncic.com

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