Preferred Specialty has the Excess and Umbrella products that will help meet the needs of your client. We offer high limits up to $10,000,000 over approved underlying carriers that are AM Best Rated A-VI or better.
Many classes listed below are linked to application forms that can be downloaded and submitted to us as part of the application process. All applications are in PDF document. Some are quite large and may take a moment to load. You will need the latest version of the Adobe Acrobat reader to view these files.
Target Classes of Business:
• CONSTRUCTION:
Commercial Contractors
Industrial Contractors
Residential General Contractors
Commercial & Residential Wrap-Ups, OCP’s, Project
• MANUFACTURING
• WHOLESALE
• RETAIL
• SERVICE (no security firms or nursing homes)
• COMMERCIAL AND HABITATION REAL ESTATE
• MUNICIPALITIES (including Public Officials and Police Professional)
• SCHOOL DISTRICTS (including School Board Legal)
Underlying Requirements:
• GL must be rated A-VI or better with limits of
$1M/ 2M MINIMUM
• AL must be rated A-VI or better with limits of
$1M CSL MINIMUM
• EL must be rated B+VI or better with limits of
$500/500/500 MINIMUM
Underwriting Information Required:
• Signed Acord 125, Umbrella Acord 131 and Supplemental Applications (if applicable)
• Five years currently values loss information
• Subcontractors Agreement (if applicable)
• Underlying quote with terms and conditions
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