Excavation Insurance Program from Joseph Distel & Co. Inc.
Joseph Distel & Co. Inc., through The Distel Group, offers a specialized Excavation Insurance program designed for excavation and land grading contractors operating with heavy equipment and operators. This program meets the unique property and liability needs of excavation businesses and is available on a monoline or package basis to provide flexible protection for your clients.
Ideal Accounts and Appetite
This program is tailored for contractors engaged in excavation and grading of land—particularly those working on private/commercial land development and site preparation. It is not designed for higher-risk operations such as:
- Public street or road construction
- Mining operations
- Installation or removal of underground tanks
- Landfill management
- Dam or tunnel construction
- Snow removal services
If you have clients operating backhoes, trenchers, or bulldozers for site clearing or grading work, this program offers a smart market solution.
Coverage Highlights and Advantages
Property Coverage Options Include:
- Buildings
- Business Personal Property
- Business Income
- Broad, Basic, or Special Form
- Actual Cash Value or Replacement Cost
- Accounts Receivable
- Computer Equipment
- Contractor’s Equipment
- Equipment Breakdown
- Outside Signs
- Valuable Papers
General Liability Coverage (CGL):
- Primary limits up to $3 million occurrence/aggregate
- $5,000 Medical Payments Coverage included
- $100 each for Additional Interests
- Excess or Umbrella limits up to $25 million
Crime Coverage Options:
- Theft of Money and Securities Inside the Premises
- Robbery or Safe Burglary of Other Property on the Premises
- Theft Outside the Premises
Underwriting Notes and Minimum Premiums
A $1,000 minimum deductible applies to this program. The minimum premium starts at $750, making it accessible for small to mid-sized contractors. The program supports a broad range of property and liability exposures, but underwriting focuses on land-based excavation and grading with operator services.
Territories and Market Access
This program is available in the following New England states: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Coverage is placed with a variety of carriers, with most options available on an admitted basis.
Why Work with The Distel Group
As a Managing General Agency and Excess & Surplus Lines Broker, The Distel Group offers deep expertise in construction-related risks. Their streamlined online quoting platform, Strategic Technologies & Agency Rating (STAR), enables you to get comparative quotes quickly and efficiently. Whether you're placing business for a startup excavation contractor or a well-established grading operation, you can rely on The Distel Group for responsive service and competitive market access.
Use http://mgastar.com to get started with online quoting today, or contact The Distel Group directly to discuss your Excavation Insurance submissions.