ASPEN REQUIREMENTS
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LIMITS OF INSURANCE:
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General Aggregate
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$2,000,000
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Products/Completed OPs AGG
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$1,000,000
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Personal and Advertising Injury
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$1,000,000
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Each Occurance Limit
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$1,000,000
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Fire Damage Limit
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$50,000
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Medical Expense Limit
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Excluded
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Per Project Aggregate and $2 Million Products OP AGG. May be Available.
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Classifications:
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Below
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Deductible:
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Minimum DED: $1,000 Combined BI/PD
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Policy Minimum Premium:
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$10,000
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Experience/Loss History:
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3-year hard copy loss runs Required
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Subcontracting:
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Costs must be 15% or less of gross receipts
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States:
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NY and NJ
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Supplemental:
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Below
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Aspen Classifications
· Carpentry interior
· Door, window or assembled millwork - installation - metal
· Driveway, parking area or sidewalk - paving or repaving
· Dry wall/wall board
· Electrical work within buildings
· Fence erection contractors
· Floor covering installation
· Heating or combined heating and air conditioning systems
· Painting - interior
· Paperhanging
· Plastering or stucco work
· Plumbing commercial or industrial
· Plumbing residential or domestic
· Tile, stone, marble, mosaic, or terrazzo work - interior construction
About PBC:
Program Brokerage Corporation (PBC), http://www.programbrokerage.com, is the wholesale subsidiary of HUB International Group Northeast Inc. A powerful market resource for brokers and agents, we are also a partner for carriers reaching out to the commercial insurance buyer in innovative, cost-effective ways. We’ve pioneered an innovative approach to Purchasing Group Insurance buying, which has won popular acclaim.
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| States Available | NY |
| Provider Type | Managing General Agency |
| Admitted | All Available States |
| Carriers | Varies |
| Carrier Ratings | A+ |
| Commission | Varies |
| Min Premium | Varies |