attune Provides Coverage Businessowners Policy Instructions
- June 19, 2024
- Attune
Table of Contents
Attune’s Business owners’ Policy
CONTRACTORSattuneinsurance.com
Provides Coverage Business owners Policy
Attune provides coverage to a wide range of contractor classes. From glass dealers to handypersons, you are sure to find the perfect fit. With our admitted Accredited BOP, auto-renewal, and paperless and direct billing, we’re making insurance as easy as it should be.
Rating highlights
- Contractors are rated off of their payroll and their TIV/LOI
- Payroll has special considerations for owners
Eligibility highlights
- Up to $2M in revenue
- Up to $1M in payroll
- No more than 30% in subcontracted work · Not a market for contractors who work on projects and/or are located in the boroughs of NYC and the NY counties of Westchester, Rockland, Nassau, Suffolk and/or Erie
- New Ventures are eligible
- Locations can be up to 50,000 sqft
- No employee limits
Account parameters
- $4.75M per location
- $9.5M per account
- No more than three claims in the last five years, and no more than $20,000 total incurred (CAT claims not counted)
If the ISO has issued a CAT code for the event, it is considered a CAT claim
Coverage highlights
- The following automatically attaches:
- B10 1 79 10 20 Waiver of Transfer of Rights Against Others To Us (aka Waiver of Subrogation)
- B10 1 100 Contractors Enhancement
- B10 1 01 10 20 Additional Insured by Contract, Agreement or Permit (except NY)
- BP 14 88 07 13 Primary and noncontributory – other insurance condition (except NY) is available upon request (reach out to [email protected])
Recent big binds from Attune brokers:
| Class Code | Premium |
|---|---|
| Air Conditioning Systems or Equipment | $15,337 |
| Carpentry for Interior Offices | $12,819 |
| Tile, Stone, Marble Mosaic or Terrazzo Work Interior Construction – Office |
$11,983
Top class codes:
- Air Conditioning Systems or Equipment
- Appliances and Accessories – Installation, Service, Repair – Commercial
- Appliances and Accessories – Installation, Service, Repair – Household
- Concrete Construction
- Drywall/Wallboard Installation
Target States:
- Arizona
- Georgia
- Ohio
- Utah
- Colorado
- Michigan
Eligible Contractors:
- Telecommunications
- HVAC Distributors and Installation Services
- Dry Wall/Wallboard Installation
- Painting – Interior Buildings/Structures
- Residential Cleaning Services
- Paper Hanging
- Masonry
- Carpet, Rug, Furniture or Upholstery Cleaning
- Ceiling or Wall Installation
- Concrete Construction
- Electrical Work – Within Buildings
- Plastering/Stucco Work
- Septic Tank Systems – Cleaning
- Handypersons
- Carpentry – Interior, Office
- Interior Decorators
- Metal Erection and Decorative Artistic
- Paper Hanging
- Refrigeration Systems or Equipment
- Swimming Pool Cleaning and Service
- Technology and Networking Hardware Service
Attune Insurance Services, LLC ·
60 Broad Street, Suite 2502, New York, NY 10004
Is an insurance producer licensed in all states and the District of Columbia.
Visit www.attuneinsurance.com for full
corporate, licensing, and legal information.
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