Commercial Insurance for Steel Erection Companies?

Commercial Insurance for Steel Erection Companies?

I am trying to get General Liability insurance as a Long time Steel Erection Company. I am tired of companies like Dallas National. Does anyone know of any other companies that will write my business insurance? I know steel erection is risky

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Well, there aren't a lot. Have you tried the big agencies?? Marsh, USI, etc? Or you can find a local agent that represents Travelers or Zurich - both of them have dedicated construction departments. Have five years currently valued loss runs for all lines available. If your loss ratio is over 75%, you're going to be really hard to place, and Travelers & Zurich will likely shoot you down.

Marsh has a $75,000 minimum premium, USI $50,000, Travelers & Zurich $100,000 excluding comp. But if you're that big, and that long term, it's probably not going to be an issue with you.

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where can I get a steel erection? and if I had one I would damn sure insure it....lol

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If you construct Industrial buildings(Metal buildings) then with some experience and a good past history (loss ratio) then Travelors, Chubb, or Depending on your State of residence Ohio casulaty, AIG and General casulaty will look at you.

I would call an independent agent. Also...if you are a member of your Steel erectors union then your associate membership list would have some names of professionals who would write you. Check them out.