November 2011 Newsletter - Protecting Your Roofing Contractor Clients
11/17/2011
Dear Friends of Beacon Hill,
At Beacon Hill Associates, we remain busy working on end-of-year accounts, but have also started to evaluate opportunities coming up at the beginning of 2012. As you know, it is so important to get in front of your clients early to discuss upcoming projects and other potential changes to their policies. Please let us know if you have an upcoming renewal or new business account that you’d like to review. We’re here to help.
We hope you and your families have a Happy Thanksgiving! We are thankful for your business and partnership. To send questions, comments, or request a marketing kit, please contact us.
Protecting Your Roofing Contractor Clients
By Jamie Lewis, Account Executive
As you review your book of artisan and trade contractors, it is important to keep in mind the potential pollution exposures that your insureds may have. HVAC contractors, plumbers, electricians, painters, and roofing contractors are just a few examples of clients you may have on the books that would not necessarily be considered an “environmental contractor,” but certainly have pollution exposures as a part of their normal scope of services.
A roofing contractor is a prime example of an insured that does not perform environmental contracting services, but has multiple exposures for pollution-related losses and would be a good candidate for Contractors Pollution Liability coverage. Sealants, adhesives, coatings, and other products used to spray, seal, or repair roofing systems can often be toxic if inhaled. If a contractor fails to properly…Read more.
Meet Our Brokerage Production Teams!
We are excited to announce that we have added three new webpages to our site that will introduce you to our three brokerage production teams. These teams were created to give special attention to specific regions of the country, as well as particular classes of business. Each team is run by two Beacon Hill representatives -- an Account Executive who…Read more.
Want to Learn About the Types of Contractors We Can Write?
See a short video of Assistant Vice President, Mike Tighe, talking about the different types of environmental contracting risks we can consider for our GL/Pollution package policy. See the video.
Success Stories
- $10M Chemical distributor
Coverage purchased: General Liability/Contractors Pollution Liability/Site Pollution/Auto/Excess
Policy limit: $1M/$2M; $4M Excess
Premium: $131,804
- $230k Tank testing/service contractor
Coverage purchased: General Liability/Contractors Pollution Liability/Professional/Excess
Policy limit:$2M/$5M; $4M Excess
Premium: $14,446
- Property management company with 250 locations
Coverage purchased: Site Pollution Liability
Policy limit: $2M/$2M; 3-year policy
Premium: $86,000
- $1.8M Drilling/soil boring contractor
Coverage purchased: Contractors Pollution Liability and Professional
Policy limit: $2M/$2M
Premium: $11,991
- $850K Bulk fuel distributor
Coverage purchased: General Liability/Contractors Pollution Liability/Site Pollution Liability
Policy limit: $6M/$6M (GL/CPL) and $10M/$10M (Site)
Premium: $131,631
- $1.75 Mold/indoor air quality contractor
Coverage purchased: General Liability/Contractors Pollution Liability/Professional and Excess
Policy limit: $1M/$2M; $4M Excess
Premium: $25,954
- $3M Roofing, window & siding contractor
Coverage purchased: Contractors Pollution Liability and Professional
Policy limit: $1M/$1M
Premium: $7,000
- $1M Remediation contractor
Coverage purchased: General Liability/Contractors Pollution Liability/Professional and Excess
Policy limit: $1M/$2M; $2M Excess
Premium: $16,771
- $1.75 M Asbestos abatement and interior demolition
Coverage purchased: General Liability/Contractors Pollution Liability/Professional and Excess
Policy limit: $1M/$2M; $5M Excess
Premium: $26,988
- Fertilizer distributor, 3 locations
Coverage purchased: Site Pollution Liability
Policy limit: $1M/$2M
Premium: $5,296
