Michael Hobson No Comments

Plumbers insurance – No high rise building

With the latest renewal of our Lloyds contract, we are pleased to announce that we can now consider quoting the plumbing class. As this is a challenging class to write, we do want to highlight a number of eligibility criteria below: 


  • Minimum Premiums:
    • $1,000,000 – $2,500
    • $2,000,000  – $3,250
    • $5,000,000 to be can be considered
  • Receipts less than $1,000,000 + 10% leeway for those accounts slightly over
  • Minimum of 3 years in business
  • Clean accounts only, or accounts with max 1 claim in the past 3 years (not greater than $10k total incurred) to be referred to Underwriters
  • No work over 4 stories, no high-rise building work or work over 4 stories in a high rise building
  • No boiler work
  • No sprinkler work
  • Any works in institutional/industrial buildings (airports, hospitals, schools etc) can be considered
  • Ticketed plumbers only

Coverage – Limits:

  • Max. $2,000,000
  • Limits of up to $5,000,000 can be considered
  • Min. Ded: $2,500 bi/pd ded
  • Min. Ded: $5,000 bi/pd ded w/r/t Water Damage Claims for receipts under $500,000
  • Min. Ded: $10,000 bi/pd  ded w/r/t Water Damage Claims for receipts over $500,000

Subjectivities / Wording:

  • Standard Wordings to apply
  • Burning Welding Cutting conditions to apply
  • Sub-contractor conditions to apply in respect of any work subbed out
  • Total Pollution Exclusion
  • Wrap up liability Exclusion
  • US Exclusion