Coverage Highlights
We offer primary and excess options for coverage including:
- Professional liability
- Pollution liability
- Supplemental payments, including:
- Crisis management expenses
- Disciplinary proceedings
- Subpoena assistance
- ADA, FHA, OSHA legal expense reimbursement
- Coverage extensions, including:
- Emergency remediation coverage
- Rectification cost coverage
- Appearance at proceedings
Coverage Limits
- $5 million maximum
- $10,000 minimum deductible
- $10,000 minimum premium
Appetite & Availability
Target Risks
- Primary residential
- Commercial
- Retail
- Land developers
- Retail “build to suit” projects
Definitions
Broad definition of real estate development services
Insured includes*:
- Independent contractors
- Interns
- Additional insureds
- Special-purposes entity
- Joint ventures
- Volunteers
- Spouses
- Domestic partners
*Subject to policy terms and conditions
Additional Information
- No faulty workmanship exclusion
- Waiver of subrogation rights when insured agrees to prospectively waive via written agreement
- Up to $25,000 deductible credit for voluntary mediation
- Automatic coverage for acquisitions of entities whose revenues are less than 50 percent of the named insured’s revenues
- Wrongful Act includes “Personal Injury Offense”
- Final adjudication of fraud claims
- Punitive and exemplary damages covered, where insurable
- Risk management services include contract review by outside counsel at no cost
Coverage is always subject to all of a policy’s terms and conditions. This is a summary of certain key aspects of coverage. Review the policy form for complete terms and conditions. Products are underwritten by U.S. insurers that are members of Argo Group. Some products are only available through an authorized surplus lines insurer.
