Known Loss Rule
Coverage is not available for a loss that has already occurred and the insured is aware of it and seeking to get coverage for that same loss.
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Insurance Industry News from ProgramBusiness.com
ProBuildersAJS Insurance Services Inc. is a full service independent insurance agency established in 1970 with the principal operating territory of the Tri-State Colorado River Area. “We have enjoyed continual growth, becoming the largest agency in our area. We have earned a reputation for excellence by living and adhering to the Old Fashioned Traditional Values of hard work, fairness, respect, integrity, honesty, caring and concern, in all our dealings with customers, co-workers, and all the others whose lives we touch. Check out ProBuilders Specialty Insurance Company The AJS insurance program specifically designed to provide General Liability coverage for contractors (no other coverage’s provided on wholesale basis), whether they be residential or commercial GCs or subs. Tract housing and apartments are okay. Contractors performing condo, townhouse or homeowners association projects are ineligible except for our OCIP/Wrap Product.. The program is now approved in all states except New York. To date, nine builders associations have endorsed our program. Visit our Storefront to see who they are For more information, visit their storefront at www.programbusiness.com. ://www.chkbnClick for the whole story...