News From Beacon Hill - September 2011

Dear Friends of Beacon Hill,

We hope you are having a great September and are enjoying the fall season so far! At Beacon Hill, we remain committed to working with our carrier partners to bring you the best insurance products in the marketplace. We still believe that securing competitively priced, quality coverage from stable carriers is the foundation on which we can help you grow and prosper.

Again, thank you for reading our newsletter. Feel free to send us any questions or feedback.

Agent’s Guide to CPL Coverage

Contractors face many environmental risks stemming from their daily operations. Whether or not these contractors create a pollution condition or aggravate an existing one, they can be held liable in the event of a claim. Contractors Pollution Liability (CPL) coverage can be easily purchased to address these issues and give contractors piece of mind to protect the future of their companies.

So, this type of coverage is usually easy to sell, right? Not always. Not all contractors believe they have an exposure, and if they aren’t required to carry it, they often don’t see the importance of making it part of their insurance program. Let us help you approach your potential and existing clients about CPL. Read the complete article.

PartnerOne Environmental's OnTarget Program

We are now making it easier to provide a CPL option to your client through our PartnerOne Environmental OnTarget program. A GL ACORD application showing projected contracting revenues is all we need in order to offer an OnTarget indication, claim scenarios, and exposure summary that will help you discuss the exposures with your insured and ultimately broaden their coverage while protecting their interests. Learn more.

Don’t Forget!

When submitting your applications, don’t neglect to include revenue information. In order to provide a quick turnaround on quotes, we need these numbers. We appreciate your help in sending complete information so that we can service your accounts efficiently.

Success Stories

• $55M Fire/water/disaster restoration contractor
  Coverage purchased: General Liability, Excess, Contractors Pollution Liability/Professional, Business Auto, and Workers Compensation
  Policy limit: $1M/$2M (GL), $10M (Excess), $10M (CPL/Prof), $1M (Auto), $1M (WC)
  Premium = $830,623
• $700k Medical waste hauler
  Coverage purchased: General Liability, Contractors Pollution Liability, and Auto
  Policy limit: $3M/$3M
  Premium = $15,279
• $16M Environmental abatement contractor
  Coverage purchased: General Liability, Contractors Pollution Liability, Auto, and Excess
  Policy limit: $1M/$2M (GL/CPL), $1M (Auto), $5M (Excess)
  Premium = $261,000
• $4M Asbestos abatement contractor
  Coverage purchased: General Liability, Contractors Pollution Liability, and Workers Compensation
  Policy limit: $1M/$2M (GL/CPL) and $1M (WC)
  Premium = $150,000
• $2M Soil excavator
  Coverage purchased: General Liability, Contractors Pollution Liability, Professional, Excess
  Policy limit: $1M/$2M (GL/CPL) and $4M (Excess)
  Premium = $25,000
• $800k Medical waste hauler
  Coverage purchased: General Liability, Contractors Pollution Liability, and Auto
  Policy limit: $1M/$2M
  Premium = $ 14,294
• $4.1M Asbestos abatement contractor
  Coverage purchased: General Liability/Contractors Pollution Liability
  Policy limit: $1M/$2M
  Premium = $29,297