HVACPro® was developed specifically for HVAC contractors that design, build and service heating, cooling, and ventilation systems.
This program is underwritten by a carrier Rated A+ (Superior), Financial Size XV by A.M. Best, and provides all-lines coverage with the special insurance coverage enhancements HVAC contractors need, including Blanket Additional Insured, Per Project Aggregate, Blanket Waiver of Rights, Primary Non-Contributory, Completed Operations, and more.
Better Coverage By Design
Description: This specifically covers riggers liability and does not need to involve HVAC care.
Claim Example: A contractor is using the company crane to lift air-conditioning units onto a roof and damages the unit.
Definition: This coverage may be used from General Contractor down to the insured. Blanket additional insured endorsements: XIL 2010 & XIL 2037 are proprietary forms with the equivalent language to the CG2010 & CG2017 07/04 & 10/01 edition dates
Description: General liability coverage that buys back a small portion of pollution exclusion.
Claim Example: A hydraulic hose on an aerial lift bursts and spills over a client’s driveway. The cost for damage to the driveway is covered in this scenario.
Description: Provides coverage for damages caused by chemicals that leak from your auto which are not ordinarily covered by the standard ISO auto offering.
Claim Example: A company truck is involved in an accident and overturns, spilling refrigerant over the road and possibly into the local water system (nearby pond, sewer, etc.). The damage to the water supply, loss of chemicals, and cleanup is covered in this scenario.
Eligible Risks
- AC Systems, Refrigeration Systems, Heating or HVAC Sales, Install, Service, Repair, Sheet Metal Contractors
- Program is admitted in all states
Minimum Package Premium
$25,000
Why Work With NIP Group?
- ISO-Based, Admitted Package Product
- Carrier Rated A+ (Superior) Financial Size XV by A.M. Best
- Highly Competitive Rates
- Superior Customer Service
Coverages
- General Liability – Premises and Operations (up to $1M per occurrence, $2M general aggregate, $2M products completed operations aggregate)
- Auto Liability & Physical Damage ($1M Combined Single Limit)
- Property (limits up to $3M Total Insured Value)
- Inland Marine (limits up to $3M)
- Umbrella Liability
- Contractors Pollution Liability
- Employment Practices Liability
- Cyber Liability
- Workers’ Compensation (Statutory Limits)
Submission Requirements
- Completed and signed ACORD applications
- Completed and signed HVACPro Supplemental
- FEIN Number
- 4 years of currently valued, hard copy loss runs for all lines of business being requested
HVACPro Program Manager
Dawn Saunders
Dawn Saunders, CPCU, ARM, CRIS, serves as Program Manager for the Site and Site II programs with more than 25 years of P&C experience. Dawn has extensive experience underwriting and managing construction accounts. She is adept at identifying customer needs, developing solutions and achieving results. Dawn earned her undergraduate degree in Business Administration from University of Massachusetts – Lowell and her MBA from Suffolk University.
Claims
Eligibility Map
Target States
Other Eligible states
Featured Content
How Selling Insurance with the “Shotgun Approach” Is Nearing Obsolete
Marketing strategies in the age of the internet are difficult to develop. Many insurance brokers look for the best ways to find the most potential clients. While the concept sounds great in theory, using a broad strategy without targeting a core group can lead to useless insurance leads. This strategy is known as the shotgun...
Read More
Green Industry & Construction Cyber-Risk: Protect Your Clients From Cyber Threats
The world of Landscapers, Construction Contractors & Nurseries is continually shifting and evolving, especially during this challenging time. As work becomes more reliant on technology, and exposure grows online, so too does the risk of cyber-attacks. Green industry businesses and construction contractors regularly handle their clients’ personal information, project data, financial data, and so much...
Read More
Commercial Insurance Prices Up 19% in Q2: Marsh Index
Insurance Brokers See a 19% Hike in Commercial Insurance in Q2 According to Marsh’s Global Insurance Market Index for Q2 in 2020, there was a 19% increase in the average global commercial insurance. This data shows the most significant yearly growth over the past eight years and the eleventh quarter in a row where prices...
Read More