Insurance Industry Expertise

Mold Restoration & Chinese Drywall Insurance

IOA LIABILITY INSURANCE FOR RESTORATION MOLD & CHINESE DRYWALL CONTRACTORS

PROGRAM HIGHLIGHTS

Commercial General Liability (CGL); Contractors Pollution Liability (CPL) and/or E&O Professional Liability (E&O) for risks primarily involved in water extraction, emergency response contracting, mold remediation and other similar categories. For contractors primarily involved in reconstruction/restoration work we can also consider program coverage. Auto & workers compensation also available.

POLICY HIGHLIGHTS

CGL and CPL is usually Occurrence Form
E&O is usually Claims Made Form
Prior Acts Available
Annual & Per Project Policies
Defense is outside the limit for CGL
Defense Costs are included within the policy limits for CPL
Low Deductibles for most risks

EXAMPLES OF ELIGIBLE CLASSES:

Air Duct Cleaning
Carpet/Upholstery Cleaning
Emergency Response – Fire
Fire Damage Restoration
Mold & Chinese Drywall Remediation
Mold Inspectors and Mold Preventative Application
Water Damage Restoration
Water Extraction
Other Related Categories Can Be Added

STANDARD LIMITS:

Base limits are $1,000,000 per occurrence with a $1,000,000 policy aggregate Higher limits and Umbrella coverage can be considered
MINIMUM DEDUCTIBLE: Deductibles start at $500 for CGL; CPL; E&O going up to $10,000
SECURITY: A+ Excellent

APPLICATIONS REQUIREMENTS:

ENVIRONMENTAL CONTRACTORS APPLICATION – PLEASECONTACT FOR PROMPT SERVICE:
Rod Morton, Senior Vice-President
Insurance Office of America, Inc
P.O. Box 162207, Altamonte Springs, Fl 32716-2207
PH 407-998-4109 (800-243-6899) Fax 407-788-7933
E-mail: rod.morton@ioausa.com