Trades & Contractors

It is providing an insurance package product that targets two segments: 1) Burgeoning property maintenance industry that includes services ranging from exterior cleaning (windows, gutters etc.), siding repair/installation, and fencing & deck repair and construction for residential and commercial properties and 2) Massive home and commercial renovation segment that targets contractors involved in framing, drywall, carpentry, flooring, appliance installation and related activities. This product provides options to build a custom package including Commercial General Liability, Rip and Tear (faulty workmanship) coverage, Tools Floater, Installation Floater and various limit options to choose from.

OVERVIEW

Highlights

Payment Options: Monthly and Annual
Eligible in all Canadian provinces and territories, except Quebec
Blanket Additional Insured Endorsement is included in this product

Certificate Requests

Brokers may issue Certificates of Insurance with Additional Insureds, in house, as per client’s request
Please submit a copy of every certificate issued to the client
A certificate will not be valid unless a copy is provided.

Standard Eligibility Criteria

Industry experience of 3 years or more, except for Deck Installation which requires experience of 5 years+
Annual Gross Revenue must be under $1 Million
Subcontracted work should be less than 30%
Subcontractors must carry a minimum of $1MM Liability Insurance
No claims in the last 5 years
No prior insurance cancellations and/or non-renewal

ElIGIBLE CLASSES

A list of eligible classes:

Acoustical Panel Installation
Aluminium Awning Installation
Antennae/Satellite – Installation & Repair
Appliance Installation & Repair – Commercial
Appliance Installation & Repair – Household appliances only
Auto Cleaning/Car Detailing
Automobile Ambient Lighting Installation
Automobile Infotainment, Mobile and Sound System Installation
Bricklaying
Cabinet Installation
Carpentry
Decks – Residential Only
Doors and Windows Installation
Drywall Installation and Plastering
Eavestrough and Gutter Installation, Maintenance and Cleaning (3 storeys or less)
Fence Installation – Electric (farm use only)
Fence Installation – Residential Only (No electric fencing)
Flooring Installation & Removal – including Tiling and Concrete Paving
Flooring Installation & Removal – Not including Tiling and Paving
Framing Buildings – Wood Only
Lawn Sprinkler System Installation – Residential work only
Locksmiths – No alarm system work
Masonry
Siding Installation
Sign Installation, Erection & Repair
Window Cleaning

Any engagement in following activities is unacceptable:

Working with, handling, stripping and removal of asbestos
Toxic waste disposal sites
Aviation risks/products
Marine exposure
Manufacturing
Working with explosives
Farm contracting
Repair of automobiles, or any motorized vehicles and associated parts
Ammunition, fuses, cartridges, gunpowder, nitro-glycerine or explosive gasses
Rail and sidetrack work
Offshore operations
Heavy Construction Projects (Project values > $20M)
Highway and street construction including bridges, tunnels and elevated highways
Roofing
Sewer and drain construction and cleaning
Any work or sales in USA
Hauling any goods
Snow removal

COVERAGE & WORDINGS

[WPSM_AC id=3372]

Wordings

RESOURCES

Available Documents for Download