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Client Commercial Umbrella/Excess Insurance

This program is available to Massachusetts Insureds ONLY.
To protect your clients' commercial assets
RLI Insurance Company Applications/Forms to Download


Microsoft Excel required for a Premium Indication.

The RLI Commercial Umbrella/Excess insurance is stand alone and provides coverage up to a $5 million limit. RLI Insurance Company is rated A+ ("Superior") by A.M. Best Company.

The program focuses on medium to small businesses in more than 300 ISO classes, including over 35 commercial contracting codes. While the program supports many different businesses, it is especially successful on habitational risks, restaurants, and trade contractors.

The minimum premium is $750 for the first million on low hazard classes and $1,000 for higher hazard classes, such as contractors.
UNDERWRITING GUIDELINES
First please check the ISO's Hazard Guide Descriptions to determine if the risk fits the program.
To qualify, the operation must:
1. Have 10 or less autos on new business or 12 or less for renewals AND a radius of operations less than 100 miles; NO Extra Heavy Trucks, Tractor Trailers or Buses.

2. Have annual sales/receipts no greater than $10,000,000 new business or $12,000,000 for renewals with the following additional requirements:

A. Apartments, motel/hotel and habitational risks must be 3 stories or less in height, no more than 500 units, and no HUD, Section 8, or subsidized housing;

B. Offices, retail/wholesale and other OL&T type risks must not exceed 50,000 square feet per building;

C. General Contractors must not construct buildings exceeding three stories in height or more than 250,000 square feet in area  [Please Note: Contractors with New Residential Construction are NOT ACCEPTED for the program];

3. Have a record of claims within the last 5 years which does not exceed:

A. $100,000 in the aggregate within any one year for any one line of coverage; or

B. $50,000 for any single loss.
Underlying Requirements:

Carrier must be a Best's A- V or better. Workers' Comp. Assigned Risk is acceptable.

Automobile Liability  

 

 Each Accident $1,000,000
General Liability*

 

 Each Occurrence $1,000,000

 

 General Aggregate $1,000,000*

 

 Prod/Comp Ops Agg $1,000,000
*Per location/per project aggregate limits are preferred.
Employers' Liability

 

 Each Accident $ 500,000

 

 Each Employee (Disease) $ 500,000

 

 Policy Limit (Disease) $ 500,000
*Per location/per project aggregate limits are preferred.
HOW TO SUBMIT BUSINESS
  1. You need to be a member of MAIA with a completed broker's agreement.

  2. COMPLETE & OBTAIN THE FOLLOWING:
    • Commercial Umbrella Application (ACORDS 125 & 131)
    • Supplementary Items if noted as needed on ISO's Hazard Descriptions
    • Description of Operations
    • If coverage was provided, we need to view up to the past 5 years loss history.
    • Copy of underlying policy Declaration pages or quote proposal showing carrier, dates, premium and limits
  3. Send completed app. to the Number One Insurance Agency
    By MAIL to:
    Melissa Murphy
    The Number One Insurance Agency
    137 Pennsylvania Avenue
    Framingham, MA 01701

    By FAX to: (508) 628-5446

    By EMAIL to:     mmurphy@massagent.com

  4. We will contact you or send a quote.

  5. If you would like to accept this proposal, return the quote acceptance signed by the insured and a full premium check made payable to RLI Insurance Company to:

    Melissa Murphy
    The Number One Insurance Agency
    137 Pennsylvania Avenue
    Framingham, MA 01701

    COVERAGE CAN ONLY BE BOUND ON OR AFTER THE DATE THE CHECK IS RECEIVED IN OUR OFFICE!
  6. We will then have the policy issued and forward it to your office.
For more information about RLI Commercial Umbrella/Excess Insurance, contact Melissa Murphy at the Number One Insurance Agency, Inc.at 800/742-6363, by fax at (508) 628-5446 or by email mmurphy@massagent.com

You will need Adobe Acrobat to view these applications/forms in .pdf format. Download Adobe Acrobat
-or- contact Melissa Murphy at
800/742-6363 or mmurphy@massagent.com for these documents.