Underwriting Guidelines

Inland Marine Coverages

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. 10% credit available for the risks that are written with General Liability on the Victory Program There is not limit on size of Non Internet policies. Policies may be written for one year and renewed annually.

• Price Indicate Online (10% discount on Inland Marine if submitted with GL online)
• Submit Account electronically or manually.
• Acord applications accepted.

The ONLINE Navigators Inland Marine targets small artisan and service contractors with property that supports their construction operations. This must be written with the parameters shown above.

The Navigators Program, with a manual submission, can be a much more broad submission and can include much higher limits, can include buildings and can include 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 any Property or Inland Marine prospect you have.

Property

You have the ability to add property and Inland Marine coverage.

Real Property $2,000,000 total insured value

Contents value $2,000,000

Business income $450,000

Inland Marine

Misc. Tools – $2,000,000 maximum total value with a $1,500 maximum value per item.

Contractors Equipment

Total value of all equipment $500,000

Total insured value any one item $250,000

Equipment Leased or rented from Others &100,000

Installation Floater

Any one job site $200,000

At any location other than job site $10,000

Property in transit $10,000

Computer Systems Coverage

Total insured Value of all covered property (Computer + Media/Data + Extra Exp.) $50,000

Extra Expense $10,000

Property at any unnamed premises $5,000.

Navigators Inland Marine offers small artisan and service contractors. The program targets those contractors with real property that supports their construction operations. Office and warehouse exposures must represent the majority of the occupancies written. When office or light retail exposures cohabitate with the contractor's office or warehouse occupancies, coverage will be provided. However, high hazard occupancies will not be entertained. Must be written with the general liability coverage. The program provides coverage for contractor's equipment, office contents, installation property and/or electronic data processing equipment exposures.

 Rating Information

Annual Minimum Premium

$250 Minimum Policy Premium.

What Is Needed To Get A Price Indication?

Based on the insured's business operations, choose the classification(s) that best describes the operation from the list of eligible classes.

Decide on the limits and coverage form(s) that you want quoted.

Please be aware that you will need to know the prior insurance history.

General Program Information

Inland Marine & Property Coverages

Writing Office Contents, Miscellaneous Tools and Small Equipment, Computer Systems (Equipment, Data & Media and Extra Expense), Scheduled Equipment (Light, Medium & Heavy), Installation Floater (10,000 minimum value) and Rented/Leased Equipment (from others). ALSO, 5 packaged options to choose from.

General Liability Coverage

If you have elected to use the online submission process to create a package with General Liability coverages you can get a 10% Credit on the Inland Marine premiums. GL coverage would include Premises/Operations with selected limit of insurance including Product/Completed Operations, Personal Injury & Advertising Injury, Fire Damage - $50,000 and Medical Expense - $5,000 coverage is provided on an occurrence basis. Minimum limits are $1,000,000 Occurrence and $1,000,000 aggregate. Maximum limits are $1,000,000 Occurrence and $2,000,000 Aggregate.

Deductible

Varies with coverages provided and deductibles selected.

Risk Cancelled or Non-renewed by Other Company

Please refer any risk that has been cancelled or non-renewed to Elizabeths Insurance Services 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.

Audit Basis

Inland Marine premiums and exposures are not subject to final audit but an inspection will be made after a policy is bound.

Waiver of Premium

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

Cancellations

Policies will be cancelled Pro rate (without penalties) when policy is 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.

When a policy is cancelled for any reason other than outlined above, a penalty of 10% of the pro rate unearned premium will apply.

Payment Options

Elizabeths Insurance Services financed - Elizabeths Insurance Services can arrange premium financing. Simply print & sign the online finance agreement and fax along with your binding documents to 1866 924-3274.
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.

Certificates of Insurance

If adding as additional insured OR special wording is required on the Certificate, such request must be referred to Elizabeths Insurance Services for approval. Evidence of insurance can be provided by the agent.

Additional Insured Guidelines

Usually not applicable to Inland Marine or Property coverages.

Loss Payee & Lenders Loss Payee forms

Usually Available upon request. In most cases Agent can process Evidence of Coverage or Loss Payee form in their office

Renewals from prior online submission

To submit a renewal for renewal quoting, please go online (if the policy was quoted online in the prior policy period) and search for your prior year's submission. This should be in "incomplete" status and ready for editing. If not, please notify us by "Live Support Chat" or email as you should get an immediate response that way. A CSR or your Underwriter can then open it for you to edit. You can then start the process and submit to your Underwriter for a renewal quote. Policies will not be renewed unless requested by the insured or producer, along with the appropriate documents & down payment. 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.

Renewals from manual submissions

Please contact the Inland Marine Underwriter for details.

Reinstatement with a Lapse in Coverage Guidelines

To avoid a lapse in coverage, all outstanding issues must be addressed and/or payments must be received by Elizabeths Insurance Services prior to the cancellation date.

NO COVERAGE IS BOUND WITHOUT PRIOR APPROVAL FROM ELIZABETH'S INSURANCE SERVICES. ELIZABETH'S INSURANCE SERVICES RESERVES THE RIGHT TO DENY ANY REQUEST FOR REINSTATEMENT.

Frequently Asked Questions

How do I find out more? Use our live support for an immediate response or call your CSR or Underwriter at 1866 924-3274. How do I get a Quote? An online submission is by far the quickest way to get a quote. You can also price indicate many Inland Marine coverages prior to submission. CALL 1866 924-3274. Can elizabeths insurance finance this for me? YES. You can CALL 1866 924-3274 FOR MORE INFO. If I am having system problems, what do I do? Use our live support for an immediate response or call your CSR or Underwriter at 1866 924-3274. Can I write B licensed contractors in this program? As long as they are not performing prohibited operations the B licensed contractors are eligible for the Navigators Inland Marine program. How do I bind a policy? Email (elizabeth@elizabethsinsurance.com) (1866 924-32742) your bind request including the desired effective date and bind documents requested online, signed by both the agent and the insured. Be sure to indicate which of the 3 payment options you have chosen. You must also submit proof of payment in the form of your check, the client's check, or a signed finance agreement. If an online submission, to get to your binding documents, go online and select your submission then click on the blue binding documents button. If submitted by Acord form, please fax the binding docs requested on your quote received from the Underwriter.