Skillpac Artisan Contractor Program
AEIG’s Skillpac Artisan Contractor program is specifically tailored to meet the needs of your smaller trade contractor clients. With minimum premiums as low as $750, we offer small business contractors the protection they need at a price they can afford! Most importantly, our policies are customizable and include the most desirable coverage options, making us the perfect choice for a variety of trades.
We designed our insurance plans with the needs of our agent partners in mind. Our Skillpac program is fully automated, allowing you to quote, bind and issue qualifying policies via Agency Link, our easy to use, web-based agent interface system. Our “employee count” rating basis further simplifies the process. After issuance, our standard Primary Non-contributory and waiver of subrogation endorsements, and optional Blanket Additional Insured endorsement, make policy servicing and certificate issuance a breeze.
Who We Insure
General Eligibility Guidelines:
- Independent contractors only
- Up to 7 employees
- Maximum annual payroll of $500,000
- Gross annual receipts up to $1,500,000
- Subcontractor costs up to 20% of gross annual receipts
- Operations cannot include more than (3) eligible classifications
Eligible States:
- New York
- New Jersey
- Pennsylvania
- Maryland
- New Hampshire
- Massachusetts
- Rhode Island
Eligible Classes:
- HVAC
- Carpentry
- Masonry
- Electrical Wiring
- Painting
- Plumbing
- Landscape Gardening
- Carpet/Floor Installation or Cleaning
- Concrete Construction
- Paving or Repaving (excluding road or bridge work)
- Drywall Installation
- Electric and Gas Appliance Installation/Repair
- And More
Contact us for a full list of eligible classes.
Also note that risks that do not qualify for our Skillpac program may still qualify for our Artisan Contractors Package program.
Liability & Property Coverage
General Liability Coverage
Program General Liability limits are $1,000,000/$2,000,000. Umbrella coverage is available to add up to an additional $5,000,000 per occurrence.
Property Coverage for Small Businesses
Special form coverage is available for both buildings and business personal property. For a nominal additional premium, you can add our Property Enhancement Endorsement, which includes the following valuable coverages:
| Coverage | Total Limit |
|---|---|
| Accounts Receivable | $25,000 |
| Contractors’ Tools and Equipment | $5,000 |
| Extra Expense | $10,000 |
| Fire Department Surcharge | $10,000 |
| Fire Equipment Recharge | $1,000 |
| Installation Floater | |
| Covered property at any one installation premises | $10,000 |
| While in transit | $3,000 |
| While held at any one temporary storage location | $3,000 |
| In any one occurrence | $10,000 |
| Money and Securities | |
| Inside the premises | $5,000 |
| Outside the premises | $5,000 |
| Personal Effects and Property of Others | $5,000 |
While the limits provided by our Enhancement Endorsement should suffice for most of your small artisan contractor clients, we realize that each of have unique exposures and coverage needs. Therefore, we offer customized insurance solutions for those clients who require limits or coverages that exceed our standard Enhancement Endorsement. The following “a la carte” inland marine coverage options are also available:
Scheduled Equipment
Total limits up to $150,000. Higher limits can be considered on a referral basis.
Contractors Tools and Equipment
Total unscheduled limit up to $10,000
Communications Floater
Total limit up to $10,000 for items such as cellular telephones and two-way radio devices
Installation Floater
Total limits up to:
- $50,000 at any one installation premises
- $7,500 while in transit
- $7,500 while held at any one temporary storage location
- $50,000 in any one occurrence
Computer Property and Extra Expense
Total limit of $100,000 per location including:
- 25% of equipment limit ($10,000 maximum) for media (can increase up to max of $100,000)
- 25% of equipment limit ($10,000 maximum) for Extra Expense
- Up to $50,000 for 30 days for Newly Acquired Equipment
- Optional in transit coverage is available