Atlantic Casualty has brought back a Claims Made policy for most residential and commercial artisans. Some other non-construction classes can still be written on an Occurrence form and when eligible, your submission will be quoted with this form. As with all Claims Made policies, you will have to read carefully and disclose diligently with your client because the claims trigger is very different.If you have any questions about Claims Made policies, please call us.
The Claims Made program has a $2000 minimum premium at the 1/2/2 limit and the usual supplement is required.The usual minimum premiums ($750 at 1/2/2 ) will apply for occurrence form accounts. We have also developed a relationship with Hartford for some artisan contractors such as dry wall, painting, electrical work and other non-structural classes.This is a “submit for approval” market but the turn-around is very quick.
Also, with Hartford , it is direct bill and admitted in Colorado .Your submission will have to be very complete including contact names and phone numbers.Incomplete submissions will only take longer to quote. And lastly, we are working on a contract with a carrier for larger contract risks. More information about this later.