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Electrical and mechanical contractors are taking more risk. And they often don't know it. Increasingly these specialty contractors are providing design services. It's called "design delegation." Serve your clients better and increase your own bottom line by advising these contractors about professional and pollution liability products. With the specialized design liability coverage offered through Schinnerer, electrical and mechanical contractors can expand their services and control - and manage their risk - so they can be more competitive and profitable in design delegation situations.
Contact:
Emerson Browne (301) 961-9807
Emerson.W.Browne@schinnerer.com
Minimum Premium: $7,500 for general contractors; $4,000 for specialty contractors
Available Limits: $500,000 to $25 million
Minimum Self-Insured Retention: $10,000 for general contractors; $5,000 for specialty contractors
Target Risks Or Classes: General, design-build, specialty and environmental contractors, including mechanical and engineering contractors (must have less than 25% residential exposure)
Available on a non-admitted basis: In all states, the District of Columbia, and U.S. territories (except for Puerto Rico)
Program Features
- Claims-made policies
- Worldwide indemnity and defense coverage
- Defendants' reimbursement coverage of up to $7,500
- 90-day automatic coverage for newly-acquired or newly-formed subsidiaries
- Innocent principals' coverage
- Right to a waiver of subrogation against your client if done prior to a claim
- Mediation credit that reduces self-insured retention by 50% (up to $25,000 maximum) for settling a claim through mediation
- Optional extended reporting coverage for one, three or five years
- Circumstance reporting and free pre-claims assistance not subject to self-insured retention or limit of liability
- Risk management and loss prevention services, including a quarterly newsletter
- Claims services from CNA local specialists dedicated to construction industry claims
The Professional Liability Policy Features:
- Coverage for in-house and subcontracted design services and both agency and at-risk construction management services
- Coverage for joint ventures with design firms
- Coverage for punitive damages up to the limit of liability to the fullest extent permitted by law
- Reimbursement for legal fees and expenses, up to $25,000 per policy year, for ADA and FHA actions
- Coverage for failure to detect faulty workmanship of subcontractors when responsible for design and construction
The Pollution Policy Features:
- Coverage for pollution claims, including clean-up costs mandated by the government
- Coverage for incidental asbestos exposures and abatement services
- Coverage for a pollution incident created by loading or unloading automobiles
- Coverage for the tort liability of your client contractually assumed by you for a pollution incident arising from your activities or the activities of those for whom you are legally liable
Policy highlights in a printer-friendly format.
Apply now: To apply for full coverage, please print the Contractors Pollution Policy application and send it to your broker. If you do not have a broker, you can choose one in your area.
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