Online Quoting
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Coverage Highlights
Owner’s Interest (OI)
Offering full general liability limits for property owners, including completed operations and extended completed operations coverage up to the state statute of limitations.
Requirements:
- The general contractor manages all subcontractor activity and job site safety, providing the insured/owner with hold harmless, indemnification language and additional insured status for ongoing and completed operations.
- Standard coverage requires at a minimum: an executed contract certificate of insurance from the hired general contractor.
Capacity:
- Primary: 1M/2M/2M
- Supported excess with limits up to 10M
Owners and Contractors Protective (OCP)
OCP coverage supplements the owner’s additional insured status on the general contractor’s policy during construction.
Requirements:
- The general contractor will provide additional insured and primary and noncontributory status to our named insured, as well as adequate limits for the scope of work.
Capacity:
- Primary limits only up to 5M/5M
Appetite & Availability
Appetites below represent targets and are not exhaustive.
Target Appetite: OI and OCP policies
- Owners hiring only the general contractor
- Single-location projects
- Commercial or industrial projects
- Vacant buildings
Additional Operations Considered:
- Nonstructural renovation of occupied buildings
- Demolition-only projects
- Residential buildings
- Direct hires of additional trades (limited number)
Minimum Premiums:
- OCP outside of NY: $1,000
- OCP in NY: $2,500
- OI outside of NY: $3,500
- OI in NY: $7,500
Additional Information
Send submissions to [email protected]
