Announcing the Redomestication of National Contractors Insurance Company, Inc., A Risk Retention Group to Montana!

February 9, 2009

National Contractors Insurance Company, Inc., a Risk Retention Group (NCIC) specializing in general liability insurance for licensed residential and commercial general and artisan contractors, has redomesticated to Montana, effective February 5, 2009. NCIC writes the difficult Classes: Roofers, Foundations, Excavators, Fire Sprinklers, Paper GC’s, Custom Home Builders & Developers, New Ventures and 50 other classes of Artisans.

ADVANTAGES OF NCIC

  • Rate a risk in 60 seconds Online with our Quick Quote Rater
  • Highly Competitive Pricing
  • Easy & friendly service
  • General Contractors & Roofers – Minimum Premium $3,000
  • Artisans & Remodel GC – Minimum Premium $1,500

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STATES COMING SOON: Arkansas, Georgia, Idaho, Kentucky, Louisiana, Montana, New Jersey, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Washington and Wyoming

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NCIC PROGRAM DETAILS:

Policy: Occurrence – Manuscript Form, Optional – 2 Year Sunset available in all states except Florida

Carrier: National Contractors Insurance Company, Inc., a Risk Retention Group

Reinsurance: AM Best Rated (A-) X, 95:5 quota share, in excess of $10,000

States: AZ, CA, CO, DC, FL, IL, NV, NM, NY, TX & UT

Limits of Liability: $500K/$1M, $1M/$1M, $1M/$2M

S.I.R.: $1,000, $2500, $5,000, $7,500, $10,000

Basis: Gross Receipts

New Ventures: Welcome (Resume of Experience Required)

Policy Term: One (1) year only

Premium Financing: Available at 25% down + 100% applicable fees due at binding, or use you own finance company

Endorsements: Blanket Additional Insured – Issued with each policy

A. I. Primary Wording – $200/Each

Waver of Subrogation – $300/Each

Torch-down Sublimit: $25,000 Standard, Buy up to $50,000 for 10% of premium

For more information regarding National Contractors Insurance Company, Inc.’s Contractors Program, please contact Pascal Burke, Director of Marketing Tel: 949-285-1249, e-mail: pascal@cmgia.com

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