Luxury Home Builders
In Partnership with Quaker Special Risk
Contractors have always made up a large part of who Quaker Special Risk is. With over 50 years experience with Construction in the Northeast, Quaker has become intimately familiar with the special needs and requirements that contractors are facing. With that experience and knowledge, Quaker and ProSight have designed a custom program for contractors building luxury homes.
Guidelines
Residential General Contractors must be involved solely in the construction of single family or two family homes which will subsequently be sold to individual unit owners. Maximum 15 new starts per policy year.
Features & Benefits
- Dedicated underwriting staff
- Expert claims staff focused on Construction
- Competitive and Unique Rating Structure
- $5,000MP most states
- $7,500MP Westchester, Nassau and Suffolk Counties in NY
- $15,000 Staten Island, NY (Other markets available for Brooklyn, Manhattan, Queens or the Bronx)
- $2,500 Deductible
- Per Project Aggregate
- Limited Pollution Coverage ($25,000 Sublimit)
- Blanket Additional Insured included Completed Operations, Blanket Waiver of Subrogation and Primary Wording, and Blanket Additional Insured for State & Political Subdivisions
- Employee Benefits Liability
- Excess Coverage Available up to $5,000,000 limits
