Call: 401-351-0066 | 781-794-1400

Inland Marine

From builders’ risk to installation floaters to riggers liability, we cover a wide range of risks. DeCotis has in-house binding authority as well as many Admitted and Non-Admitted markets for all classes of Inland Marine risks.

Motor Truck Cargo

Motor Truck Cargo (MTC) policies are designed to cover loss of property in the course of transit, either by common carrier or on the insured’s own vehicles, depending on the form used. Carriers can cover goods from damage in the care, custody and control, or insureds can buy protection for their own goods being shipped.

Submission Requirements

  • MTC application (or carrier specific property application)
  • Submission must contain complete COPE information
  • 5-year Loss Runs – details on losses & current status
  • Any additional information or narratives about the account are always helpful

Highlights

  • Primary/Excess programs
  • Coverage for overnight storage at terminal
  • Refrigerated transport OK

Target Classes

  • Couriers
  • Auto transporters or transportation brokers
  • Common, private, or contract carriers
  • Owners’ policies
  • Freight forwarders
  • Livestock haulers

Builders Risk

From rehabs to ground-up construction, our builders risk form has you covered. The coverage protects contractors and owners for loss or damage to structures in the course of construction or alteration. We have many, many years of experience in writing these policies and have both admitted and non-admitted carriers to choose from – we can help with projects of all sizes and complexity.

Submission Requirements

  • ACORD Property application (or carrier specific property application)
  • Builders Risk Supplement with complete COPE information
  • 5-year Loss Runs

Highlights

  • Full Value/Primary/Excess programs
  • Layered/Quota Share programs
  • All construction types
  • 36-month term or more available for larger projects
  • Coverage for construction delay/soft costs
  • Packages available
  • Green Endorsements & Historic Tax credits available

Target Classes

  • Coastal locations OK
  • Contractors including roofers
  • Property owners
  • Ground-up construction, rehabs, or renovation projects
  • Street & road contracts
  • Utilities
  • Municipalities
  • Excavation contracts

Floaters

We can cover personal articles, equipment and items on an Inland Marine Floater policy. The coverage protects against loss or damage to personal property and equipment owned by the insured, wherever it may be within the coverage territory. Use DeCotis to insure your customers’ transportable equipment, personal items, or fine arts. We also offer installation floaters for contractors and artisans.

Submission Requirements

  • ACORD application (or carrier specific application)
  • Inland Marine Floater supplement
  • 5-year Loss Runs

Highlights

  • ACV or RC valuation
  • Both personal and commercial items
  • Replacement equipment & rental reimbursement
  • Scheduled, blanket, or individual item basis

Target Classes

  • Installation floaters
  • Tools & equipment
  • Medical equipment
  • Fine Arts
  • Musical instruments
  • Miscellaneous property

Contractors Equipment

From heavy equipment damage to reimbursing rental costs, we can help. The coverage protects against loss or damage to mobile machinery, tools and equipment owned or rented by the insured, and used in the insured’s business. From small equipment in the beds of pickups, to large cranes working by the water, we can find a solution for your contractors equipment risks. Don’t bother wasting time – come to us first and we can help.

Submission Requirements

  • ACORD application (or carrier specific property application)
  • Contractors Equipment supplement
  • 5-year Loss Runs

Highlights

  • ACV or RC valuation
  • Replacement equipment & rental reimbursement
  • Scheduled, blanket, or individual item basis
  • Automatic Acquisition forms available
  • Business Income, Contractual Penalties & Extra Expense available
  • Debris Removal
  • Boom or Overload
  • Arson & Crime payments

Target Classes

  • All types of construction equipment – on or off Insured’s location
  • Owned, leased, or borrowed equipment
  • Cranes
  • Street and road contractors
  • Equipment dealers
  • Landscapers
  • Excavation contractors
  • HVAC
  • Artisan contractors