Commercial Umbrella Admitted & Non-Admitted

TERRITORY

• California and various western states

SERVICE

• In house rating
• Direct & Agency bill
• Commission 10%

GUIDELINES:

• Umbrella up to $10 Million/ Excess available – Follow form
• Account revenue up to $15 Million
• All underlying carriers must be rated A-VII or better
• Losses cannot exceed over $100,000 in the past 5 years
• over 700 GL class codes available

RECENT SUCCESSES:

• Restaurants – Liquor Ok
• Real Estate: Apartments, Vacant Land/ Farms/ LRO
• Homeowner/Town Home Association
• Manufacturing
• Mobile Home Parks
• Vehicle Fleet: 25 vehicles no more than 10 extra heavy trucks

MINIMUM PREMIUM:

• $500 First Million
• $675/ Additional Layer

RESTRICTED CLASSES:

• Healthcare and Assisted Living
• Contractors – Residential
• Trucking or logistic

Contact: Commercial Umbrella Department

Direct: 949-488-2255 / 800-488-4096
Email: CommercialUmbrella@kinginsuranceca.com
 

Inland Marine

Contractor’s Equipment

• Excavation Contractor
• Grading Contractor
• Paving Contractor
• Landscaping Contractor
• Plumbing Contractor
• HVAC Contractor
• Electrical Contractor
• Specialty Contractor

Miscellaneous Property Floater

• Mobile Office Equipment
• Concession Equipment
• Catering Equipment
• Medical Equipment
• Golf Carts
• Mobile Amusement Equipment
• Recreational Property
• Entertainment Equipment
• And many others….

PORTAL THRESHOLDS

• Maximum Schedules of Equipment: $2,000,000
• Maximum Per Item Limit: $250,000
• Minimum Deductible: $500
• Pricing starting as low as: $575

CONTRACTOR’S EQUIPMENT
Examples of Acceptable Items

• Aerator
• Aerial Lift
• Air Compressor
• Backhoe Loader
• Bobcat
• Compaction Equipment
• Crawler Dozer
• Crawler Loader
• Excavator
• Forklift
• Generator
• Hammer
• Hand-Held Drill
• Light Tower
• Motor Grader
• Mower
• Paver
• Pump
• Rake
• Rototiller
• Scraper
• Skid Steer Loader
• Telehandler
• Tool Boxes
• Tractor

Examples of Prohibited Items

• Asphalt Plants
• Boring and Drilling Rigs
• Combines
• Concrete Batch Plants
• Cranes
• Crushers
• Logging Equipment
• Trucks Licensed for Road-Use

MISCELLANEOUS PROPERTY FLOATER
Examples of Acceptable Items

• Amusement Park Equipment
• ATM’s
• Bounce Houses
• Cameras
• Disc Jockey Equipment
• Food Trucks – Golf Carts
• Generators
• Mobile MRI Equipment
• Non-Residential Trailers

Examples of Prohibited Items

• Art Collections
• Clothing
• Coins
• Firearms
• Furs
• High-Valued Electronics (>$50K)
• Jewelry
• Mobile Medical Diagnostic Equipment
• Stamp Collections

Contact: Commercial Lines Department

Direct: 949-488-2255 / 800-488-4096
Email: CL@kinginsuranceca.com