Target Commercial Classes

• Hotels
• Lessors Risk
• Retail & Restaurants
• Parking Garages
• Equipment Rental
• Machine Shops
• Real Estate Management
• Apartment Complexes
• Manufacturing
• Nurseries / Garden Supply
• Agricultural

Target Construction Classes

• Contractors / Sub-Contractors
• Electricians
• Plumbers
• Concrete Flat Work
• Carpentry
• Sheet Metal Fabricators
• Door Installation
• Snow Plowing
• HVAC
• Tile / Stone Installation
• Masonry
• General Contractors / Re-modelers

Policies may be written for one (1) year and in some circumstances written short term or longer than a year.

• $1,000 minimum premium per 1 million of coverage for construction risks (Texas minimum premium is $1,000 for the first million and the $750 per additional layer)
• $750 minimum premium per 1 million of coverage for non-construction risks
• Residential service & repair OK
• Residential remodeling OK as long as no dwelling is being increased in size by more than 50%
• Excess limits from 1 million to 5 million are available
• Requires underlying limits of 1,000,000 and A- V or better rated carrier
• Underlying policies effective dates do not need to match the Excess policy
• If new carrier meets guidelines, then a copy of new policy is all that is needed for Excess to cover over the new carrier

The rating information needed to develop a price indication is as follows:

• Need to know the underlying policy limits of insurance and they must be at least 1 million occurrence and 1 million aggregate
• Need to know the underlying policy premiums
• Option to add Auto as underlying policy, but must ALWAYS have the General Liability policy as underlying.
• If adding Auto as underlying, the limits must be at least 1 million BI/PD limits (Auto does not need to be covered on an Excess policy)
• Can add Employers Liability Coverage at no charge if Workers' Comp Coverage is in force

Deductible
Most states have $0 SIR deductible. Excess policies have no insured retention.

Audit Basis
Excess premiums and exposures are subject to final audit at the discretion. Earned premium for the exposure will be determined at the end of the policy period.

Waiver of Premium
Additional or return premium account balances of $10.00 or less will be waived.

Risk Cancelled or Non-renewed by Other Company
Please refer any risk that has been cancelled or non-renewed to Builders & Tradesmen's Insurance Services prior to submission. We ask that full information regarding the reason for cancellation or non-renewal and the conditions or preventive steps taken by the Applicant be provided.

Cancellations
Policies will be prorated (without penalties) when cancelled for the following reasons:

• At the request of the company
• Nonpayment of premium
• Insured no longer has a financial or insurable interest in the property or business operation

When a policy is cancelled for any reason other than outlined above, a penalty of 10% of the prorated unearned premium &/or minimum earned will apply. The minimum premium per each 1 million of limit is fully earned on an Excess policy.

Reinstatement
To avoid a lapse in coverage, all outstanding issues must be addressed and/or payments must be received by Builders & Tradesmen's Insurance Services, Inc. prior to the cancellation date.

Payment Options

• BTIS Financed - BTIS can arrange premium financing.
• Full Annual Premium - The Producer may withhold commission and remit net payment in full.
• Producer Financed - The Producer may arrange financing with their vendor of choice.

Certificates of Insurance
These are not processed by BTIS. An Excess policy (subject to its exclusions) is a following form policy and will follow the underlying carrier for coverage.

Additional Insured Guidelines
These are not processed by BTIS. An Excess policy (subject to its exclusions) is a following form policy and will follow the underlying carrier for coverage.