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PCA2 PROGRAM

for Contractor Insurance

This instant on-line insurance price indicator program is geared for smaller artisan contractors and remodel contractors with 0 to 5 employees.

Another contractor insurance program from Preferred Contractors Insurance Company, Risk Retention Group, LLC.

View all acceptable contractors and subcontractors

What is a risk retention group?

PCA2 PROGRAM INSURANCE QUOTE

PROGRAM HIGHLIGHTS

  • Down Payments as low as $264
  • Lapse in Coverage Accepted
  • New Ventures Accepted
  • Monthly Payment Plans
  • Occurrence Form
  • Rates Based on Payroll
  • Same Day Policy Number
  • Blanket Additional Insureds

AM BEST
B Rated (07/25/14)

PCA2 Program on AM Best - The Insurance Information Source logo
PCA2 Program infographic
Compare All Preferred Contractors Insurance Company Risk Retention Group, LLC. Programs
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MAXIMUM LIMITS

$1,000,000 Per Occurrence
$5,000,000 General Aggregate
$2,000,000 Products/Completed Ops Aggregate

DEDUCTIBLES

  • $1,000 | $2,500 | $5,000 | $10,000
  • Standard Deductible is $1,000*
  • Discounts for Higher Deductibles

*Applies to property damage and bodily injury on a per claim basis.

PCA2 PROGRAM GUIDELINES

  • Maximum 5 Field Employees
  • $150,000 Maximum Annual Payroll  –Owner excluded
  • $500,000 Maximum Annual Gross Sales
  • 50% Maximum Subcontracting Cost (General Contractors may sub out up to 100%)
  • Condos and Town homes – Work on single unit owners or common areas only. No structural work.
  • Incidental roofing allowed in conjunction with room additions (subject to $25,000 sub limit)
    – (OK for General Contractors in conjunction with remodels and room additions)
  • No framing as a subcontractor
    – (OK for General Contractors in conjunction with remodels and room additions)
  • No foundations as a subcontractor
    – (OK for General Contractors in conjunction with remodels and room additions)
  • No general contractors performing new ground up construction

PCA2 PROGRAM MAP

(Click Map to Enlarge)

PCA2-program-map

PCA2 PROGRAM

ADDITIONAL COVERAGE OPTIONS / ENDORSEMENTS

  • Blanket Per Project Aggregate
  • Blanket Additional Insured – Completed Operations / CG2037 Equivalent
  • Blanket Your Work – 1185 Equivalent (Commercial Work Only)
  • Blanket Waiver of Subrogation
  • Blanket Primary/Non-Contributory Wording
  • Buildings and Structures Exceeding 3 Stories (Exterior)
  • Schools & Recreation Facilities
  • Heating Devices
  • Hospital Work
  •  Additional Insured Endorsements for HOAs
COMPARE COVERAGE & RATES

PCA2 PROGRAM

TRADE CONTRACTORS WELCOME

Over 30 Subcontractor Classes Accepted

  • A/C and Refrigeration
  • Air Conditioning Systems Installation
  • Appliance and Accessories Installation – No dishwasher work
  • Carpentry (Interior/Woodwork/Shop)
  • Concrete (Flat)
  • Concrete (Foundations) – Commercial work only, *(no foundation repair)
  • Debris Removal *(Demo work allowed with Bobcat or similar)
  • Door & Window Installation
  • Drywall
  • Fencing
  • Floor Covering Installation
  • Garage Door Installation
  • Glass Installation/Glazing
  • HVAC
  • Janitorial
  • Landscaping – *(Ground or Ladder Tree Trimming Only)
  • Handyman
  • Masonry
  • Painting Interior/Exterior
  • Sheet Metal
  • Siding and Decking
  • Tile and Marble Installation
  • General Contractor
  • Water Drilling
  • Grading
  • Metal Erection
  • Insulation
  • Water/Sewer Mains
  • Septic Install
  • Plumbing
  • Prefabricated Homes
  • Pressure Washing *(No Roofs, Roof Decks, Condo or HOA work)
  • Welding
  • Plaster/Stucco *(No condo or HOA work, no swimming pools)
APPLY ONLINE

PCA2 PROGRAM QUOTE & BIND PROCESS

Our user-friendly online system allows you to quote and apply all in one place. Your application and policy offer will be emailed to you using Adobe EchoSign.

EchoSign is the easiest online signing experience in the industry – so you’ll get your policy bound quickly. You’ll receive an email with a link to your policy offer which is loaded into a web browser, so no downloads or software installations are needed! Then, review and e-sign instantly online or offline with a mouse, stylus or by typing your name. If you’d prefer, we can still use the good’ol fashioned print and fax!

PCA2 Program Quote & Bind Online
START HERE

SUBSCRIBE TO PCA2 PROGRAM UPDATES

Get updates for Preferred Contractor Insurance Company Risk Retention Group, LLC. by subscribing to LiveRate® for Contractor.

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PCA2 PROGRAM ARTICLES & UPDATES

Preferred Contractors Rating Outlook to Stable (B+)

OLDWICK, N.J. – JULY 25, 2013 A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Preferred Contractors Insurance Company Risk Retention Group, LLC (PCIC) (Billings, MT).The ratings reflect PCIC’s adequate level of risk-adjusted capitalization and recent improvements in operating performance. The ratings also reflect management’s substantial expertise in marketing the type of business PCIC writes.Partially offsetting these positive rating factors are PCIC’s volatile operating results during the first five years of operation, high expense ratio and limited business profile. An additional offsetting rating factor is the execution risk associated with the implementation of PCIC’s business plan. Compare price estimates for your contractors insurance premium rate instantly – online. Further rating factors are the company’s fundamental business strategies, which include providing stable pricing for insurance coverage coupled with quality service for its members. Reflecting its limited business profile, PCIC as an insurer is exclusively oriented toward one class of insureds. PCIC maintains a conservative operating strategy by limiting participation in its insurance program to members that meet stringent underwriting standards. PCIC provides general liability coverage to general contractors and subcontractors in the residential and commercial construction industry. The stable outlook recognizes two consecutive years of PCIC’s improved underwriting results; thus, reducing A.M. Best’s concerns surrounding its historical volatile performance. More Preferred Contractors rating... read more