InsulationPro is a commercial insurance program designed specifically to service insulation contractors. This program is one of the most comprehensive insurance programs of its kind, with many coverage enhancements tailored specifically to the insurance needs of these classes of business. InsulationPro offers competitive pricing for businesses of all sizes, with a minimum written package premium requirement of $50,000.

Program Highlights

  • A.M. Best “A Rated” (Excellent, Financial Size XIII) Carrier
  • ISO-Based Program
  • Competitive Rates
  • Superior Customer Service

Eligible States

  • Eligible States: Program is admitted in all states and can currently be written in 45 states (Exceptions: AK, HI, ID, MT, and NYC’s 5 Boroughs)

Ineligible Exposures

  • Accounts subcontracting more than 40% of their work
  • Underground storage tank removal, tank construction, cleaning, or repair work (except septic tank work)
  • Environmental remediation / abatement contractors
  • Residential work  – Incidental (less than 10% of operation will be considered)

Minimum Package Premium

  • $50,000 (Excluding WC)

Lines of Business

  • General Liability – Premises and Operations (limits up to $1M per occurrence, $2M general aggregate, $2M products completed operations aggregate)
  • Auto Liability & Physical Damage ($1M combined single limit)
  • Property (limits up to $3M total insured value)
  • Inland Marine (limits up to $3M)
  • Umbrella Liability
  • Workers’ Compensation (Statutory Limits)

Special Coverages

  • Blanket additional insured
  • Per project aggregate
  • Blanket waiver of rights
  • Employee benefits liability
  • Limited jobsite pollution liability
  • Contractor’s Enhancement Endorsement (available)
  • Property Enhancement Endorsement (available)
  • Auto Enhancement Endorsement (available)
  • Primary and Non-Contributory (available)

Submission Requirements

  • Completed and signed ACORD applications and NIP InsulationPro Supplemental
  • FEIN number
  • Complete description of operations
  • 4 years plus 1 current year of currently valued, hard copy loss runs for all lines of business being requested
  • MVRs for all drivers of company vehicles (if auto coverage requested)
  • Workers Compensation: Description of safety initiatives, hiring practices, return-to-work and drug testing programs; Experience Modification Worksheet and 3-5 year history (if available)
  • Complete copy of Insured’s Safety Program
  • Pre-Loss Control Loss Control Visit is required
  • 45 day lead-time minimum
  • No OSHA violations related to Fall Protection and or Respiratory Protection within 5 year review period.
NIP Group, Inc. 900 Route 9 North | Suite 503 | Woodbridge, NJ 07095-1003 | 800.446.7647