Highland insurance answers has launched a new system product for contractors. The new policy form offers wide safety and scheduled or blanket reporting insurance.
Highland’s new contractors system insurance functions consist of:
As much as $10 million loss limits
$5,000 minimal premium
No co-insurance consequences
Automated alternative value coverage on gadget five years or more moderen
Blanket loss payee language constructed into shape for fast certificates issuance
Target lessons for the coverage encompass:
Avenue and road, which include batch plants
Oil and gas servicing
Open pit and above ground mining
Water and sewer cut and cowl
Highland coverage solutions, a subsidiary of tokio marine kiln, is a coping with widespread agent that offers coverage merchandise and specialty risk control products for the development industry. It launched with a developers hazard software in 2015 and has due to the fact that grown the company’s annual written top rate to greater than $a hundred million. Highland is an entirely owned corporation of wnc coverage offerings inc., a belongings and casualty underwriting agency that offers distinctiveness hazard management merchandise, together with non-public flood, creation and lender-positioned merchandise.
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