Construction

MarketScout's staff has over 20 years of experience in construction marketing and underwriting expertise. We understand both residential and commercial construction exposures. We assist agents by delivering competitive products, quickly and accurately. We also have contractor's professional liability and E&O coverages available.

MARKET OVERVIEW

Coverage Parameters

Specializing in:

  • Auto Liability
  • General Liability
  • Excess/Umbrella
  • Workers' Compensation - MGA Monoline WC
  • Property/Inland Marine

Guaranteed Cost

Target Classes and/or Recent Successes

  • Excavation
  • Concrete construction
  • Road striping
  • Roofing
  • General contractors
  • Street and road
  • Drywall
  • Small Artisans
  • Plumbing
  • Electrical
  • Sprinkler contractors
  • Builders Risk
  • Swimming pool contractors
  • Millwrights 

 

More classes available, call for details!

 

Minimum Premiums

Varies by carrier, line of business and/or class - please call with any questions.

 

Insurer(s)

Admitted and Non-Admitted Carriers ("A" rated or better)

 

Commission Schedule

Competitive pricing and compensation terms.

 

Application Requirements

We require the following:

Acord applications, 5 years of current value loss runs, description of operations, and any required supplemental applications. (Refer to Applications tab)

Applications
Title View/Download
MS Construction Supplemental Application MS Construction Supplemental Application

FAQs

1What states do you write?
All 50 states (excluding monopolistic for WC).
2What are the maximum and minimum premiums?
Varies by carrier, class and/or line of business. Call for inquiries.
3How many days in advance can you quote?
up to 90 days in advance.
4Are these policies non-admitted?
We have both admitted and non-admitted markets.
5Do you write monoline coverage?
Yes.
6What is needed to bind a policy through MarketScout?
Written confirmation of binding, completed and signed Acord apps. You must be an approved agency through MarketScout.
7What needs to be included in a submission?
Acord apps, construction supplemental, 5 year current value loss runs, and experience mod worksheet.