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Welcome to the Best Choice Program for Lawyers
Professional Liability. It specializes in lawyers and management professional
liability. The lawyers' professional liability products include firms from 1-10
attorneys. The policies are written on Navigators Insurance Company, an
admitted carrier or Navigators Specialty Insurance Company, a non-admitted
carrier.
We are currently writing business in Arizona, California, Oregon and Nevada,
with other Western States to follow.
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INELIGIBLE RISKS
UNDERWRITING GUIDELINES
Professional Liability Coverage
Policy Limits of Liability
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$500,000/$500,000
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$500,000/$1,000,000
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$1,000,000/$1,000,000
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$1,000,000/$3,000,000
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$2,000,000/$2,000,000
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Deductibles (Each and Every Claim)
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$5,000
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$7,500
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$10,000
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$15,000
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$25,000
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Admitted States
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Alabama
Arkansas
Arizona
Colorado
District of Columbia
Delaware
Georgia
Iowa
Idaho
Illinois
Indiana
Kansas
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Kentucky
Massachusetts
Maryland
Maine
Michigan
Minnesota
Missouri
Mississippi
Montana
North Dakota
Nebraska
New Hampshire
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New Mexico
Nevada
New York
Ohio
Pennsylvania
Rhode Island
South Carolina
Tennessee
Utah
Wisconsin
West Virginia
Wyoming
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Not Admitted States
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Alaska
California
Connecticut
Florida
Hawaii
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Louisiana
North Carolina
New Jersey
Oregon
South Dakota
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Texas
Virginia
Vermont
Washington
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RATING INFORMATION:
Annual Minimum Premiums - Varies by state and by
operations.
GENERAL PROGRAM INFORMATION
Professional Liability Coverage:
Limits of $500,000/$500,000 & up to $2,000,000/$2,000,000
Deductible:
$5,000 to $25,000
Risk Cancelled or Non-renewed by Other Company:
Please refer any risk
that has been cancelled or non-renewed to Builders & Tradesmen's Insurance
Services prior to submission. We ask that full information regarding the reason
for cancellation or non-renewal and the conditions or preventive steps taken by
the applicant be provided.
Audit Basis:
General Liability premiums and exposures are subject
to final audit. Earned premium for the exposure will be determined at the end
of the policy period.
Waiver of Premium:
Additional or return premium account balances of
$10.00 or less will be waived.
Cancellations:
Policies will be cancelled Pro rate (without
penalties) when policy is cancelled for the following reasons:
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At the request of the company;
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Nonpayment of premium;
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Insured no longer has a financial or insurable interest in the property or
business operation.
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Binding
Authority
There is no binding authority for this program. All accounts are subject to
company underwriting and review.
Reinstatement with a Lapse in Coverage Guidelines:
To avoid a lapse in coverage, all outstanding issues must be addressed and/or
payments must be received by Builders & Tradesmen's Insurance Services
prior to the cancellation date.
Claims:
If a CLAIM is made against any INSURED, the INSURED must give prompt
written notice to the Company at:
Navigators Insurance Company
One Penn Plaza
55th Floor
New York, NY 10119
(Attn: Navigators Pro Claims Department).
Notice shall include every demand, notice, summons or other process
received by any INSURED. No INSURED shall, without prior written consent of the
Company, make any payment, admit liability, settle CLAIMS, assume any
obligation, agree to arbitration or any similar means of resolution of any
dispute, waive any rights or incur any CLAIM EXPENSES on behalf of the Company
No coverage is bound without prior approval from the Company. BTIS and
the Company RESERVES THE RIGHT TO DENY ANY REQUEST FOR REINSTATEMENT.
Frequently Asked Questions
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How do I find out more?
Use our live support for an immediate response or call your
CSR or Underwriter at 916-772-9200 .
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If I am having system problems, what do I do?
Use our live support for an immediate response or call your
CSR or Underwriter at 916-772-9200 .
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Who is Navigators?
The Navigators Group, Inc. is an international
insurance holding company with insurance company operations, underwriting
management companies and operations at Lloyd's of London.
Navigators primarily underwrites marine insurance and related lines of
business, contractor's general liability, professional liability insurance.
Headquartered in New York City , with offices in major insurance centers in the
United States and the United Kingdom , Navigators is one of the largest marine
insurers in the world. The policies are written on Navigators Insurance
Company, an admitted carrier or NIC Insurance Company, a non-admitted carrier.
What law firms are eligible to obtain coverage from Navigators?
Navigators is able to offer coverage to law firms, either on an admitted or
non-admitted basis, in all but three states in the United States . Please see
Product Overview for all of the eligible states.
Why do I need a Professional Liability policy?
A Professional Liability policy protects the Named Insured
against damages and claims expenses which the insured shall become obligated to
pay because of claims arising out of any act, error or omission of the insured
in rendering or failing to render professional service for clients .
How do I apply?
BTIS accepts application submissions and needs a Lawyers
Professional Liability application, including applicable supplements, available
for completion on this website. If you are a lawyer seeking coverage, please
contact BTIS at 916-772-9200 .
What do I do if I have a claim?
If a CLAIM is made against any INSURED, the INSURED must give
prompt written notice to the Company. Notice shall include every demand,
notice, summons or other process received by any INSURED. Please see the Claims
section on this web page.
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Edition 8/23/07
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| This information is provided as a guideline only and is
subject to change with or without notice. |
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