The Victory® Inland Marine Program offers great rates, high limits and variable deductibles. This program targets those contractors with real property that supports their construction operations. This program also provides coverage for contractor's equipment, office contents, installation property and/or electronic data processing equipment exposures. Take a look at the information listed below for further details about this program.
Inland Marine Loss Warranty letter
Navigators provides Inland Marine coverages 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. There is no limit on the size of non-internet policies. Policies may be written for one year and renewed annually. Tract work is allowed in this program.
The Navigators program, with a manual submission, can be a much more broad submission and include much higher limits, buildings and other real property not included in the online program. Contact your Underwriter with any questions on unusual or large Property or Inland Marine prospects. Please submit Acord Applications for these Property or Inland Marine prospects.
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.
Additional or return premium account balances of $10.00 or less will be waived.
Please refer any risk that has been cancelled or non-renewed to Builders and 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.
Policies will be prorated (without penalties) when cancelled for one of the following reasons:
When a policy is cancelled for any reason other than outlined above, a short rate penalty of 10% of the prorated unearned premium will apply.
To avoid a lapse in coverage, all outstanding issues must be addressed and/or payments must be received by Builders and Tradesmen's Insurance Services, Inc. prior to the cancellation date.
The online Victory Inland Marine Program targets small artisan and service contractors with property that supports their construction operations. For risks that do not fit the online program, please submit the ACORD applications.
Varies with coverage provided and deductibles selected.
Click here for Coverage, Limits and Deductibles available online
An inspection will be made after a policy is bound.
If adding as Additional Insured or special wording is required on the certificate, such request must be referred to BTIS for approval. Evidence of insurance can be provided by the Agent.
Usually not applicable to Inland Marine or Property coverage.
Available upon request. In most cases, the Agent can process an Evidence of Coverage or Loss Payee form in their office.
If eligible for renewal, you will receive a notice with instructions by email approximately 60 days prior to policy expiration. Policies will not be renewed unless requested by the Insured or Producer, along with the appropriate documents. To avoid a lapse in coverage, payment must be received prior to the expiration date. Payments received after the renewal date will be renewed as effective on the date payment is received by the company (lapse in coverage). Payments received more than 14 days from the renewal date will be returned with no coverage afforded.
Please contact the Inland Marine department for details.
This information is provided as a guideline only and is subject to change with or without notice.