State National

Primary carrier: State National Insurance Company <br />
Admitted; rated 'A' (Excellent) by A.M. Best;

Program Details:

• Designed for the small to medium General Contractor with receipts up to $15,000,000
• No limitation on percentage of work subbed out
• Both residential and commercial GC’s are eligible • Condo/tract work is eligible up to 15 units new construction (working on no more than 5 units at any one time in a single development)
• Other than the condo/tract limitation there are no restrictions on new residential construction
• New ventures are eligible
• ISO Coverage Form
• Rated on cost of subs less materials

We offer four coverage forms:

Full Occurrence with no sunset clause; $1,500 MP (Available for contractors working on no more than 5 units at any one time in a single development) Eligible contractor will use fully insured subcontractors, is held harmless and named as an additional insured by the sub-contractors, and maintains records of same for 10 years.
Warranty endorsement is required, which will be replaced by the Contractors Special Conditions Endorsement once approved.

Occurrence with a 10 year sunset clause; $1,500 MP (Not currently available in CA)
Eligible contractor will use fully insured subcontractors, is held harmless and named as an additional insured by the sub-contractors, and maintains records of same for 10 years.
Warranty endorsement is required, which will be replaced by the Contractors Special Conditions Endorsement once approved.

Occurrence with a 5 year sunset clause; $1,500 MP
Is for the contractor that will use insured or underinsured/uninsured subcontractors, and feels that a five (5) year sunset provision to the occurrence policy provides adequate coverage length for his business.
Warranty endorsement is required, which will be replaced by the Contractors Special Conditions Endorsement once approved.

Occurrence with a 2 year sunset clause; $1,500 MP
Is for the contractor that will use insured or underinsured/uninsured subcontractors, and feels that a two (2) year sunset provision to the occurrence policy provides adequate coverage length for his business.

For other related Commodore products, click here.