List of Services

Commercial General Liability This policy provides coverage against bodily injury, property damage and legal liability claims which arise out of business operations. The industry standard for Commercial General Liability coverage ranges from $2,000,000 to $10,000,000 liability; however, we know the needs of every client are unique and policies may be altered to fit what our customers prefer. If you have any questions or would like to discuss your specific needs in more detail, please contact us by clicking here.

Wrap-up Liability Single project general liability insurance is a critical component of any construction project. Wrap-up liability insurance protects the team of professionals involved in a project, such as owners, developers, engineers, architects, projects managers, and contractors; against third party and general liability exposures associated with their project – all with one policy. There are numerous advantages to using Wrap-up liability coverage on major construction projects, rather than relying on each contractor’s Commercial General Liability policy. Depending on your company’s needs, Wrap-up liability may be a preferred method of coverage. If you have any questions or would like to discuss your specific needs in more detail, please contact us by clicking here.

Course of Construction (or Builder’s Risk) Course of Construction (also called Builder’s Risk) is a specifically designed form of property insurance, including extended coverage for risks such as windstorm and optional coverage for events such as floods and earthquakes, and for losses that might arise as a result of operations related to building construction. During construction, this form provides “all-risk” coverage for fire and vandalism, as well as “in transit” coverage. If you have any questions or would like to discuss Course of Construction (or Builder’s Risk), please click here.

Contractors’ Equipment This Policy provides coverage for business property that may be moved from place to place. Contractors’ equipment policies are used for desired coverages such as:

- Contractors’ equipment floaters
- Inland marine policy
- Rental equipment

Our policies can be suited to fit your company’s needs and what tools and machinery requires to be covered. For more information and to contact us, please click here.

Property Coverage This type of policy covers an insured’s property against loss or damage from insured perils. Policies can be altered to cover a range of perils such as:

- Fire
- Lightning
- Flood
- Theft
- Vandalism

Property coverage can be extremely valuable in the case of one of the many possible perils. If you have any questions or would like more information on Property Coverage, please click here.

Contract Bonds A surety bond is an instrument under which one party guarantees the performance to another, that a third party will perform a contract. In general, Contract Bonds are used to ensure that a Contractor will complete a project according to the specifications of a construction contract. It is a three party agreement by which the surety binds itself to discharge the contracted obligations of a principal Contractor to an Obligee in the event that the Contractor fails to fulfill such obligations. If you would like to discuss a Contract Bond or have any questions, please click here.

Bid Bonds A Bid Bond is used when a Principal is bidding on a tender or contract. Its use is that of a guarantee of good faith of a Principal/Contractor when bidding on a specific tender. It states that, if the Principal is awarded a bid, he will enter into a contract within the specified time frame and give the required security to the Obligee to ensure the performance of that contract. The Bid Bond prequalifies the Principal for the Obligee. If you would like to discuss a Bid Bonds or have any questions, please click here.
 

Consent of Surety A Consent of Surety/Agreement to Bond is also used when a Principal is bidding on a tender or contract. It is used as a promise or agreement that, if the Principal is awarded the contract, the Surety will issue the required Bonds to the Obligee on behalf of the Principal within the time frame designated.  If you would like to discuss Consent of Surety or have further questions, please click here.

Performance Bonds A Performance Bond guarantees the performance of the contract awarded to the Principal, in accordance to its terms, conditions and specifications for the price as stated by the Principal. If you would like to discuss Performance Bonds or have further questions, please click here.
 

Labour and Material Payment Bonds (L&M Bonds)A Labour and Material Bond or Payment Bond guarantees to claimants (who are defined in the Bond) that they will be paid for both labour and materials used in the contract if the Principal defaults. The claimants named are usually subcontractors and suppliers. If you would like to discuss L&M Bonds or have further questions, please click here.
 

Supply Bonds A Supply Bond guarantees the supply of materials or services as named in the contract by the Principal to the Obligee. As stated, this Bond is for supply only which differs from the Performance Bond. If you would like to discuss a Supply Bonds or have any questions, please click here.
 

Maintenance Bond A Maintenance Bond guarantees maintenance of a contract for faulty workmanship and defective materials after final acceptance of the performance of the contract between the Principal and the Obligee. The time frame is noted within the format of the Bond. If you would like to discuss a Maintenance Bonds or have any questions, please click here.
 

Commercial Surety Bonds (or Miscellaneous Bonds) While there are many different types of bonds which fall under this category, below are examples of a few others:

- Customs & Excise Bonds
- License and Permit Bonds
- Court Bonds
- Fiduciary Bonds
- Lost Instrument Bonds
- Gas Bonds
- Electrical Bonds

Commercial Surety Bonds guarantee the Obligee that the Principal will perform duties in compliance with governing acts, regulations, and by-laws. If you’d like to have protection under a Surety Bond or have any questions, please click here.

Directors and Officers (D&O) This policy provides protection for Officers and Directors of a corporation against damages resulting from negligent or wrongful acts in the course of their duties and expenses incurred in defending lawsuits arising from such acts. Coverage is available for private corporations, non-profit organizations, and publicly traded companies. If you would like to discuss D&O or if you have any questions, please click here.
 

Environmental Impairment Liability This policy provides coverage for liability to third parties arising from the sudden and accidental release of hazardous materials into the environment, from the ensured site. Environmental Impairment liability covers water, land, and air contamination. The policy may be customized to fit your company’s needs including the costs of cleanup. If you would like to discuss environmental Impairment Liability coverage or have any questions, please click here.
 

Professional Liability: Engineers and Architects This policy provides coverage for professionals in architecture and engineering from potential negligence claims made by clients. Protection of legal liability arising out of damages for errors, omissions, and/or negligent acts during professional practice can be permitted. If you have any questions or would like to discuss Professional Liability options, please click here.

Errors & Omissions (E&O) insurance provides the Insured with coverage for claims that are made as a result of their negligent acts, errors or omissions in their performance of services to third parties. These could include advertising agencies, adjusters, forestry consultants, freight forwarders, management consultants and property managers. If you would like to discuss a E&O coverage or if you have any questions, please click here.
 

Boiler and Machinery Insurance, sometimes referred to as "equipment breakdown" or "mechanical breakdown coverage," provides coverage for the accidental breakdown of boilers, machinery, and equipment. This type of coverage usually will reimburse you for property damage and business interruption losses. For example, this coverage would cover fire damage to computers. If you would like to discuss   Boiler and Machinery Insuranceor have any questions, please click here.
 

Debris Removal Insurance covers the cost of removing debris after a fire, flood, windstorm, etc. For example, a fire burns your building to the ground. Before you can start rebuilding, the remains of the old building have to be removed. Your property insurance will cover the costs of rebuilding, but not of removing the debris. If you would like to discuss a debris removall Insurance or if you have any questions, please click here.
 

Builder’s Risk Insurance Builder’s Risk(also called Course of Construction ) is a specifically designed form of property insurance, including extended coverage for risks such as windstorm and optional coverage for events such as floods and earthquakes, and for losses that might arise as a result of operations related to building construction. During construction, this form provides “all-risk” coverage for fire and vandalism, as well as “in transit” coverage. If you have any questions or would like to discuss Course of Construction (or Builder’s Risk), please click here.

 

Inland Marine Insurance covers property in transit and other people’s property on your premises. For example, this insurance would cover fire damage to customers’ clothing from a fire at your dry cleaning business. If you have any questions or would like to discuss Inland Marine Insurance, please click here.
 

Business Interruption Insurance covers lost income and expenses resulting from property damage or loss. For example, if a fire forces you to close your doors for two months, this insurance would reimburse you for salaries, taxes, rents, and net profits that would have been earned during the two-month period. If you have any questions or would like to discuss Business Interuption Insurance, please click here.
 

Ordinance or Law Insurance covers the costs associated with having to demolish and rebuild to code when your building has been partially destroyed (usually 50 percent). For example, your three-story building is 100 years old. A flood destroys the basement and first two stories. Because more than 50 percent of your building has to be rebuilt, a local ordinance requires that the building be completely demolished and rebuilt according to current building codes. Property insurance covers only the replacement value, not the upgrade. If you have any questions or would like to discuss Ordinance of Law Insurance, please click here.