National E&S Insurance Brokerage and Capitol Specialty provides comprehensive general liability and contractors pollution liability coverage for businesses offering COVID-19 cleaning services.
PRODUCT: COVID-19 Cleaning Coverage
COMPANIES: National E&S Insurance Brokerage and Capitol Specialty
BEST RATING: A
AVAILABILITY: Exclusively available to wholesale and retail insurance brokers.
FOCUS: National E&S Insurance Brokers is a national brokerage based in Palmdale, California. It specializes in fire and water restoration and reconstruction contractors, many of which are already heavily involved in mold and asbestos cleaning.
As contractors from multiple markets branch into the COVID-19 cleaning market due to a temporary standstill in certain portions of the construction, restoration and regular cleaning market, “we decided to create a whole market for the guys who are getting into this business," says Ross Driscoll Sr., president and CEO, National E&S Insurance Brokers, Inc.
“The product is available to a whole host of businesses, including new ventures, such as janitorial contractors or other contractors working inside commercial properties, to insulate them from any legal liability," Driscoll Sr. says.
COVERAGE DETAILS: The program allows various types of trade contractors and new ventures to enter into the COVID-19 cleaning business with comprehensive general liability and contractors pollution liability coverage.
The product uses a combined commercial general liability and a contractor pollution liability form, which includes “coronavirus and COVID-19 clean-up operations," Driscoll Sr. says. Monoline CPL is also available if required. Training and risk management resources are offered to insureds to help them enter the market.
UNDERWRITING: Existing companies operating successfully for three or more years, demonstrating good business and risk management are preferred. However, new venture offshoots of successful business enterprises wishing to set up new entities are encouraged to apply.
Acceptable training certifications, five years of contractor pollution liability and general liability loss runs, as well as the National E&S COVID-19 Abatement & Cleaning Questionnaire, are required to quote.
MINIMUM PREMIUM: $5,000 for general liability and $4,000 for contractor pollution liability.
TARGET: Commercial general contractors and trade contractors completing painting, drywall, waterproof operations, TOMI Service Network SteraMist authorized operators not engaged in fire and water restoration, commercial janitorial contractors, commercial pest control contractors, fumigation contractors, asbestos abatement contractors, lead abatement contractors and property managers with their own cleaning crew.
Cleaning operations in hospitals, nursing homes, assisted living facilities and other medical environments will be entertained, which is “a unique aspect of the program," says Brittany Skiles, account manager, National E&S Insurance Brokers, Inc. “A lot of carriers won't touch that."
COVERAGE AVAILABILITY: All U.S. states.
CONTACT: Ross Driscoll Sr., president and CEO, National E&S Insurance Brokers, Inc.; Brittany Skiles, account manager, National E&S Insurance Brokers, Inc.; 661-266-4444; 41235 11th Street West, Palmdale, CA 93551.
Will Jones is IA editor-in-chief.