Introducing TWIA’s Demolition Contractor Insurance: Comprehensive Coverage for Wrecking and Salvage Operations
Are you in the business of demolishing buildings or structures? Does your work involve interior demolition or other related activities like excavation, grading, or construction debris recycling? Look no further. TWIA’s Demolition Contractor Insurance offered through Amwins Program Underwriters, is specifically designed to meet the unique insurance needs of demolition contractors like you.
Our comprehensive insurance program covers various essential aspects, including general liability, auto, pollution, and excess coverage. With TWIA, you can know that your wrecking and salvage operations are protected by an A.M. Best “A” rated carrier.
Why choose TWIA’s Demolition Contractor Insurance?
Tailored Coverage: We understand the specialized nature of your work. Our program specifically addresses the risks associated with wrecking buildings or structures and performing interior demolition. We’ve got you covered.
Additional Operations Allowed: Besides demolition-related activities, our program allows for up to 25% coverage of other allowable operations, such as excavation, land grading, and construction debris recycling. We provide the flexibility you need.
Streamlined Underwriting: We make the insurance process as smooth as possible. To ensure a hassle-free experience, we require completed Acord applications and the Demolition Contractors Supplemental Application. Additionally, we request currently valued loss runs for the past 5 years and a narrative of any losses exceeding $10,000. We value transparency and understanding your unique situation.
Financial Stability: Our program is underwritten by a reputable carrier with an A.M. Best “A” rating. This demonstrates our commitment to financial stability and reliable coverage for your business.
Documentation Made Easy: We aim to simplify the underwriting process. You’ll need to provide your current balance sheet, most recent audited financial statement including notes (or equivalent from D&B), and a signed TRIA (Terrorism Risk Insurance Act) agreement upon binding. We request a copy of the lease agreement if you engage in employee leasing. We’re here to guide you through the necessary documentation.
Complete Overview: To ensure accurate coverage, we require details of all your operations, including discontinued or sold operations, as well as any new or acquired operations. Additionally, we request your current driver’s list and Motor Vehicle Records (MVRs). This comprehensive approach allows us to tailor the coverage precisely to your needs.
At TWIA, we are committed to providing exceptional insurance solutions for demolition contractors. Our Demolition Contractor Insurance program is designed to protect your business, assets, and reputation. Don’t leave your coverage to chance; trust TWIA to safeguard your operations.
Contact us today to learn more about TWIA’s Demolition Contractor Insurance and secure the comprehensive coverage you deserve.
Pricing: Depends on The Coverage Amount Requested and answers to application questions. Purchasing Process: 1.Place Order. 2.Receive email. 3.Complete Online Application. Requirements: Fast and Easy Online Application Estimated Time Frame: 5 to 10 minutes to complete the application. Current turn around time for quote: 1 to 3 business days. Select “Add to Cart” to Order your quote now!