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Another tool to help you manage your risk

 
 

Alabama AGC has protected the non-residential construction industry for 100 years. And CompTrustAGC’s new product, AGCP&C, will continue that trend well into the future. AGCP&C, through a facility of Benchmark Insurance Company, will provide property and casualty coverages that protect all AGC members -- general contractors, specialty trade contractors, subcontractors, suppliers and service providers.

Coverages are: general liability, commercial automobile, inland marine, property and business owners’ policy.

This new product carries with it the financial power and trust of our industry-leading CompTrustAGC workers’ compensation fund, the only fund in the state to maintain an AM Best rating (best-in-class A-). The AGC and its products are not getting older, they’re getting better.

To obtain a quote, have your agent or broker contact Tammy King (205) 451-1414 or tammyk@alagc.org.


BENCHMARK PROPERTY & CASUALTY PROGRAM OVERVIEW

Prohibited Exposures
Oil or Gas Contractors
Natural gas storage or distribution
Hazardous materials hauling
Blasting and/or handling or storage of explosives
Railroad work
Aviation coverage
Professional liability
Pollution coverage
Asbestos removal or encapsulation
For hire trucking
Residential GC’s (homebuilding)

Billing Options
All accounts are direct billed
One bill per account
Options of full pay; or two, three, four, and nine payment plans
A single $10 service fee per bill (except full pay)
Agent is responsible for collection of down payment

 

Eligibility
This program is available for members (including associate members) of the Alabama Associated General Contractors (AGC). Members must currently have their worker’s compensation coverage through the AGC SIF or apply for coverage concurrently with the P&C submission. Applicants should have a minimum of three years in business, with uninterrupted insurance coverage.

Minimum Premiums (Account Premium)
General Contractors      $ 5,000
All Other Members       $ 1,000

Coverages Offered
Commercial General Liability
Inland Marine
Commercial Automobile
Business Owners
Commercial Property

Submission Requirements
Completed ACORD applications
Minimum 3 years hard copy loss runs (5 years preferred)
Supplemental Application (General Contractors)

Administration
The AGC Benchmark Insurance Company facility is managed by
American Resources Ins. Co.
1111 Hillcrest Rd, Suite 100

Mobile, AL 36695
(866) 826 – 3035
agc.underwriting@aric.cc