Axiom is pleased to bring our Wood Products Program to you.
The Program offers commercial package insurance
to insured's involved in the wood products industry.
The coverage applies to Distributors of building materials as well as the
primary & secondary Manufacturers of wood products.
Contact: Bryan Doty b_doty@axiom-ins.com or 847-621-6424
| Program Highlights |
- Available in all states except Alaska & Hawaii
- All lines considered including WC except sawmills
- A.M. Best "A-IX Rated Admitted Carrier
- Minimum Premium $5,000
- Up to 10% contracting receipts
- Up to 15% equipment rental
- Auto up to 200 mile radius of insured premises
- Up to 15% of operation can be logging
- $250,000 in backhauling or trucking
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| Target Industries |
- Sawmills, Planing and Dimension Mills
- Kitchen Cabinet Manufactures
- Veneer and Plywood Manufactures
- Pallet Manufacturers
- Millwork Manufacturers
- Truss and Laminated Beam Manufacturers
- Wood Preservers
- Building Material Dealers and Distributors
- Lumberyards
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| Underwriting Criteria |
- Accounts with three year loss ratio below 40%
- Financially secure insured's
- No major changes in operation in the past three years
- Accounts with involved, responsive and on-site ownership
- Accounts in business for more than Five years
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| Submission Requirements |
- Complete Acord Apps
- 5 year currently valued loss runs, including details on losses > 20k
- Detailed narrative describing the operation, products, management
- Lumber Statement of Values (found on our website)
- Digital photos of any manufacturing buildings (interior & exterior)
- Drivers List (auto)
- Description of all Named Insureds
- Supplemental Application (found on our website)
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| Contact |
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For Additional Information on the Wood Products Program, contact:
Bryan Doty
847-621-6424
b_doty@axiom-ins.com
or contact any of our regional offices for assistance on any of Axiom's Programs.
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