Bankers Program
Commodore has teamed up with Bankers Insurance Company to provide another excellent market for small artisan contractors.
Program Guideline Highlights
- CA licensed artisan contractors only
- Maximum of 10% sub-contractor costs
- No more than $1,000,000 in gross receipts
- Rating based on # of Employees
- ISO Occurrence (1996)
- No Sunset Clause
- Blanket AI at no additional cost
- 15% credit for proof of prior coverage
- Minimum of 3 years trade experience
Policy Limits
- Occurrence Limits: $ 100,000, $ 300,000, $ 500,000, $ 1,000,000
- Deductible: $1,000
- Minimum Premium: $750
Prohibited Work
- No Roofers
- No General or B Licensed Contractors
- No New Residential Construction
- No New Multi Unit/ Tract Work
For other related Commodore products, click here.