Today's restrictive General Liability Insurance climate requires creativity when working with new construction developments. Southern CO Insurance has the knowledge and experience to quote a WRAP for any construction project and would love to assist Independent Agents with their construction Developers/GCs.
Program Highlights
12 to 48 month policy terms - options for the policy to respond to project "phases"
Ability to write the WRAP as an OCIP or CCIP
Integrated risk management partners for third party administration and QA/QC services
Low minimum premiums
Multi-family projects are highly desired - most subcontractors have multi-family exclusions
Our carriers are nationally recognized as industry leaders
Pollution WRAP policies, Builder's Risk, and Excess Liability also available
Residential and commercial projects are accepted including Condominiums, Townhomes, "Tract" Homes, Single Family Custom Homes, Apartments, Commercial Retail/Office, Storage Facilities, Infrastructure, and Energy Projects
Rolling WRAP programs available
Various deductible/SIR options available
Why Choose a WRAP
Assured coverage for all subcontractors
Common goals shared by all subcontractors - cooperative risk management, safety, and quality work
Completed Operations extended to statute of repose
No fault allegations to be determined in the event of a loss
One defense representation in the event of a loss
Subcontractor premium recovery - Owner/Contractor doesn't need to cover the total premium cost
Today's restrictive General Liability Insurance climate requires creativity when working with new construction developments. WestPac has the knowledge and experience to quote a WRAP for any construction project and would love to assist Independent Agents with their construction Developers/GCs.
Program Highlights
12 to 48 month policy terms - options for the policy to respond to project "phases"
Ability to write the WRAP as an OCIP or CCIP
Integrated risk management partners for third party administration and QA/QC services
Low minimum premiums
Multi-family projects are highly desired - most subcontractors have multi-family exclusions
Our carriers are nationally recognized as industry leaders
Pollution WRAP policies, Builder's Risk, and Excess Liability also available
Residential and commercial projects are accepted including Condominiums, Townhomes, "Tract" Homes, Single Family Custom Homes, Apartments, Commercial Retail/Office, Storage Facilities, Infrastructure, and Energy Projects
Rolling WRAP programs available
Various deductible/SIR options available
Why Choose a WRAP
Assured coverage for all subcontractors
Common goals shared by all subcontractors - cooperative risk management, safety, and quality work
Completed Operations extended to statute of repose
No fault allegations to be determined in the event of a loss
One defense representation in the event of a loss
Subcontractor premium recovery - Owner/Contractor doesn't need to cover the total premium cost
