Colemont Insurance Brokers is pleased to introduce Contractor’s Select™, a new exclusive workers’ compensation program designed for construction risks. This new exclusive program, underwritten by Colemont, is written through Employers Direct Insurance Company (EDIC) and marks the first time EDIC is offering its products through an MGA.
Contractor’s Select™ is establishing itself as one of the premier workers’ compensation construction programs in the industry, combining Colemont’s construction expertise and agent relationships with EDIC’s competitive product and outstanding claims and loss control services. The result gives unique program access to California insurance agents and offers a first class product and service to their clients.
Colemont will be offering Contractor’s Select to preferred Colemont-appointed retail agents and will be the sole access point and underwriter of this new program.
Contractor’s Select™ Program Highlights
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Premiums starting at $10,000, no maximum limit.
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No X-Mod limitations.
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Competitive rates and commissions.
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Outstanding claims, loss control, and audit services provided directly by the carrier. No TPA’s or out-sourced services.
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Wide range of acceptable commercial and residential construction classes (see eligible class list).
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No terrorism surcharges.
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Payment Plans:
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New ventures acceptable (under certain conditions).
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Governing class must be on the acceptable class code list. Other classes not on list but with less payroll may be acceptable.
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Large risks are desirable.
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Territorial credit of 15% in many northern California counties and 5% credit in San Diego county.
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California risks with additional exposure in AZ and NV are acceptable.
Contact your Colemont broker today to learn more about this program.