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Commercial Insurance
A Commercial Insurance Review Built Around the Work
Before recommending a program we look at the work you perform, your crews, vehicles, equipment, subcontractors and the insurance requirements in your contracts. Then we present the account to insurers and service what is placed.
Who It Suits
Established Contractors With Real Requirements
The review is suited to established roofing and restoration companies and to established electrical, HVAC and plumbing contractors: companies with crews, vehicles and equipment in the field, subcontractors on some jobs, and customers who send insurance requirements in writing. Selected general commercial contractors are reviewed as well.
It is less useful for a company that only needs a single certificate this week, or for a renewal that is days away. If that is the situation, we will say so plainly in the first conversation.
What the Review Produces
Written Working Documents
Working documents for the owner. They are not policies, legal opinions or a promise about what an insurer will offer.
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A written operating profile
What the company does, where, with which crews, vehicles, equipment and subcontractors.
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A policy and endorsement inventory
The policies in force and the endorsements actually issued, listed in one place.
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A factual comparison of insurance requirements
What customer contracts and subcontracts ask for, set beside what the current policies show. It is an insurance comparison, not legal advice or a contract interpretation.
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Priorities and available options
What to address first, what can wait, and the options insurers make available after underwriting.
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A service and renewal calendar
Renewal dates, audit timing and the points in the year when the information behind the program should be updated.
Records
What We Ask For, and When
Nothing is needed for the first conversation. Once we both agree a review makes sense, we ask for the records it needs and explain how they will be collected at that point. Please do not send them through this website or by ordinary email before then.
- Current declarations pages and the endorsements that matter
- A description of the work, in the company’s own words
- Payroll by classification and subcontract costs
- Vehicle, trailer and equipment schedules
- Customer contracts or subcontracts that set insurance requirements
- Loss runs for the current and prior terms
- Premium, operating states and exact expiration dates, confirmed during qualification
Compensation
How the Agency Is Paid
The ordinary insurance review associated with placement carries no separate consulting fee. The agency is compensated through the applicable insurer and placement agreements, and any additional compensation is disclosed when required.
Construction operations consulting is a separate, paid service with its own written proposal. It is never a condition of the insurance review, and the insurance review is never a condition of consulting. Construction Operations Consulting
Availability is subject to actual licensing, appointments and underwriting. We do not guarantee a quote, savings, claim payment or that a program will satisfy a particular contract.
How It Fits Together
Five Questions, Not Twelve Policies
Who is doing the work and what happens if somebody gets hurt doing it. What moves between the shop and the job site. What is being built, stored or occupied. What the company owes as an employer and as a business. And what happens to the operation if any of it stops.
Those five questions cover most of what a contractor or field-based business needs, and they are the structure of a LuxeStone program. Which lines apply, at what limits, and on what forms depends on the operation, the contracts in force, the loss history and what carriers will underwrite.
An owner should be able to say out loud what each policy in the program is there to do. If nobody in the company can, the program has not been explained.
The Program
Coverage Lines a Contractor Program Can Include
Grouped by what they protect. Availability depends on LuxeStone’s licensing and appointments, and eligibility, limits, forms and premium are determined by the issuing insurer after underwriting.
Protecting the Operation
The work itself, the people performing it, and the liability that follows a completed job.
- General liability, including products and completed operations
- Workers’ compensation
- Excess and umbrella liability
- Contractors professional liability where design or specification input is provided
- Pollution liability where the work creates the exposure
Vehicles and Equipment
Everything that moves between the shop, the yard and the job site, and the people moving it.
- Commercial auto, including hauling and trailers
- Hired and non-owned auto
- Contractors equipment and inland marine
- Tools, small equipment and rented or leased items
- Motor truck cargo where hauling is performed for others
Property and Projects
Buildings, yards, shops and inventory, along with the work in place on an active project.
- Commercial property, including buildings, contents and yard exposure
- Builders risk
- Installation coverage and property in transit
- Equipment breakdown
- Inland marine for materials staged off site
Protecting the Organization
The exposures that come from employing people, handling money and running a business rather than from performing the work.
- Employment practices liability
- Management and directors and officers liability
- Crime, including employee theft and funds transfer fraud
- Cyber liability and network security
- Fiduciary liability where a plan is sponsored
Continuity
What keeps the company running when the work stops or an owner is suddenly gone.
- Business interruption and extra expense
- Contingent business interruption where the operation depends on others
- Key-person protection
- Buy-sell funding
- Business continuity planning support
What the Work Involves
What LuxeStone Does With a Commercial Program
Placement is a single event. Most of the work is the service that follows it.
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Read the contracts against the policies
Insurance requirements in customer agreements, subcontracts and master service agreements are compared line by line against the coverage in force, so gaps surface before a certificate is issued rather than after a claim. This is an insurance comparison, not legal advice or a contract interpretation.
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Handle certificates accurately and quickly
Additional insured status, waiver of subrogation and primary and noncontributory wording come from endorsements. LuxeStone issues certificates that reflect what the policies actually say, and tells you when a requested wording is not available.
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Keep schedules current
Vehicles, equipment, locations, entities and drivers change constantly in field-based businesses. Schedules are updated as the change happens, not discovered at renewal or at audit.
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Prepare renewals in advance
Exposure updates, loss run review, a plain explanation of what is changing and why, and a submission that reaches underwriters with time to be considered properly.
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Support claims through the carrier process
Reporting, documentation guidance, follow-up and clear expectations about timing. The carrier adjusts the claim and makes the coverage determination. LuxeStone works to make sure the file is complete and the client is not left guessing.
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Review before the business changes, not after
A new entity, a first commercial contract, an acquisition, a second yard, a new trade or a partner buy-out all change the program. Those conversations belong before the decision closes.
Industries
How This Looks by Industry
The same groupings apply across the industries LuxeStone works with. What changes is which lines carry the weight, what the contracts demand, and where losses come from.
What We Do Not Do
Being Clear About the Limits
We do not promise savings
Premium is an outcome of exposure, loss history and market conditions. A review can lead to a lower premium, different coverage at a similar cost, or the same program with specific items corrected. We do not know which in advance.
We do not guarantee coverage or market access
Carrier appetite changes. Eligibility, underwriting and appointment determine what can be offered. We will be direct about what we believe is achievable and about anything we cannot place.
We do not adjust or negotiate claims
LuxeStone is an insurance agency, not a public adjuster. We help clients report and document claims and follow them through the carrier process. We do not represent policyholders against carriers for a fee.
We do not interpret contracts or give legal advice
We read insurance requirements and compare them to the program in force. Questions about indemnity obligations, enforceability or legal effect belong with your attorney, and we will say so.
Common Questions
Before You Send Anything
The focus of the agency is commercial insurance and employee benefits for contractors and field-based businesses. Personal coverage for owners is addressed where it is directly connected to the business relationship and where licensing and appointment allow it.
It depends on how quickly the records come together and how many insurers need to see the account. Start well before the renewal date where you can. If a renewal is close, we will tell you honestly whether it can be done well in the time available.
Yes. Understanding what you have is useful whether or not anything changes. A review can end with a recommendation to leave the program where it is and correct specific items.
Nothing for the first conversation. After qualification we ask for declarations pages, a description of the work, payroll by classification, vehicle and equipment schedules, loss runs and any contract that sets insurance requirements, and we explain how they will be collected. They are never collected through this website.
Next Step
Start With the Program You Have Now
Send the brief form or call. The first conversation is about the business: what you do, when the program renews and what has changed. No documents are needed for it.
Direct line: 806-274-0382. Email: wendy@luxestoneinsadvisors.com.