Victory® Certified

• Risks with less than two (2) years of experience in the Applicant's trade
• Risks with operations not specifically listed on the program classification and rate schedule
• Contractors acting in the capacity of a General Contractor on new construction as a builder, project manager or developer   
• Risks which engage in Maritime operations
• Risks which sponsor sporting or social events
• Risks engaging in the renting or leasing of equipment to others
• Risks engaging in the selling or manufacturing of products sold under the Applicant's name
• New residential construction of condominiums, townhouses or tract housing developments in which more than 15 houses or dwelling units have been built or are in any stage of development, planning or construction
• Construction management for a fee   
• Exterior work exceeding three (3) stories in height
• Public street, road or highway work
• Power line construction
• Liquefied petroleum gas (LPG) equipment sales or work (incidental work OK)
• Spraying, tree trimming, tree removal or tree pruning
• Painting of tanks
• Fire sprinkler installation or service
• Sign erection or sign work above the first floor
• Swimming pool installation or repair
• Removal of any asbestos
• Roofing work, including but not limited to, installation or repair of roof flashings, shingles, roof coatings or paint (all roofing work MUST be subcontracted out)
• Risks with subcontractor costs greater than $200,000
• Risks with more than $20,000 incurred losses (including expenses), more than two (2) claims or construction defect claims within the past four (4) years
• Risks involved in water damage, fire damage or mold damage as the General Contractor

General Liability Coverage

The Victory Certified Contractor Program provides General Liability Coverage for artisan/trade contractors for both commercial and residential work. It is designed to meet the needs of small artisan contactors conducting business within the trades and construction industry. Credit is available for the service, repair and replacement ONLY risks. See the eligible classes for a list of construction and service contractors we can write. Policies may be written for one year and renewed annually. See rating for definition of payrolls. The AmTrust No Loss Warranty Form is accepted in lieu of loss runs for accounts with premium less than $7,500.

You can submit artisan contractors who perform new construction in tract home subdivisions of up to 15 homes. A tract development is defined as a project or premise in which multiple architecturally identical, nearly-identical, or similar homes are built.

Contractors performing 100% service and repair work for residential and commercial projects are given special consideration in the program. Additionally, we accept small remodeling General Contractors, including those who complete room additions.

Limits and Deductible

Premises/Operations with selected limits of insurance including Products/Completed Operations, Personal Injury and Advertising Injury, Fire Damage - $100,000 and Medical Expense - $5,000 coverage is provided on an occurrence basis.

The deductible applies to property damage and bodily injury on a per claim basis.

Audit Basis

General Liability premiums and exposures are subject to final audit. Earned premium for the exposure will be determined at the end of the policy period.

Waiver of Premium

Additional or return premium account balances of $10.00 or less will be waived.

Risk Cancelled or Non-renewed by Other Company

Please refer any risk that has been cancelled or non-renewed to Builders & Tradesmen's Insurance Services, Inc., prior to submission. We ask that full information regarding the reason for cancellation or non-renewal and the conditions or preventive steps taken by the Applicant be provided.

Cancellations

Policies will be prorated (without penalties) when cancelled for the following reasons:

• At the request of the company
• Nonpayment of premium
• Insured no longer has a financial or insurable interest in the property or business operation

Reinstatement

To avoid a lapse in coverage, all outstanding issues must be addressed and/or payments must be received by Builders & Tradesmen's Insurance Services, Inc., prior to the cancellation date.

Additional Insureds and Certificates of Insurance

Brokers have the authority to issue Certificates of Insurance and to attach the Blanket Additional Insured Endorsement Form NX GL 189 (CG 2010 07-04 equivalent) to the certificate. If any special wording is required on the Additional Insured Endorsement, then the request must be submitted to BTIS for issuance.

The Blanket Additional Insured Endorsement Form NX GL 189 (CG 2010 07-04 equivalent) is available for all risks at no premium charge and will be attached to all policies.

The Scheduled Additional Insured Endorsement Form NX GL 188 (CG 2010 11-85 equivalent), is available for a one time fully earned premium of $500 per policy term. This form excludes any residential work.

The CG 2037 form is available for specific jobs where the risk is service and repair only:

• Home Depot or Lowes - no additional premium
• Contract directly for the homeowner - no additional premium
• Commercial work - no additional premium
• Work for a residential General Contractor, contract value under $15,000 - no additional premium
• Work for a residential General Contractor, contract value over $15,000 - $250 per endorsement

Annual Minimum Premium

$450 minimum premium

Definition of Payroll Allocation

Owner/Officer Payroll
Includes proprietors, partners, and officers active in the business - except those that exclusively handle clerical duties. $12,000 minimum payroll for each owner. If all owners are clerical or sales then $12,000 is charged for one owner only (plus any employee payroll).

Employee Payroll Includes
Payroll of employees (except excluded below), clean up workers, tradesmen, casual laborers, leased employees and labor pool personnel.

Employee Payroll Does Not Include
Proprietors, partners, officers, sales only and clerical office employees.

Explanation of Subcontractors and Their Cost

If subcontractors are used then you will need the total cost of payment to those subcontractors. The operations performed by the subcontractors for the Applicant will also be required (i.e.: painting, flooring, etc.).

Limits

• $300,000/300,000/300,000
• $500,000/500,000/500,000
• $500,000/1,000,000/1,000,000
• $1,000,000/1,000,000/1,000,000
• $1,000,000/2,000,000/1,000,000
• $1,000,000/2,000,000/2,000,000

Deductible

Available deductibles range from $0 to $2,500.

Payment Options

BTIS Financed
BTIS can arrange premium financing through Best Choice Premium Finance.

Full Annual Premium
The Producer may withhold commission and remit net payment in full.

Producer Financed
The Producer may arrange financing with their vendor of choice.

Available Additional Insured Forms

• Blanket Additional Insured Endorsement Form NX GL 189 (CG 2010 07-04 equivalent)
• Scheduled Additional Insured Endorsement Form NX GL 188 (CG 2010 11-85 equivalent)
• Completed Operations Additional Insured Endorsement Form CG 2037
• Architects or Surveyors Not Engaged by the Named Insured - CG 2007 (07-04)
• Managers or Lessors of Premises - CG 2011 (01-96)
• State or Political Subdivisions - Permits - CG 2012 (07/98)
• Mortgagee, Assignees or Receiver - CG 2018 (11/85)
• Lessor of Leased Equipment - CG 2028 (07-04)

NO COVERAGE IS BOUND WITHOUT PRIOR APPROVAL FROM BUILDERS & TRADESMEN'S INSURANCE SERVICES, INC. (BTIS). BTIS RESERVES THE RIGHT TO DENY ANY REQUEST FOR REINSTATEMENT.