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State Farm Specialty Products

Company Info

Name State Farm Specialty Products
City Chicago
State IL
Website Visit Website

How to Access

Direct N
Broker N
MGA N
Company Agent Y

Underwriter

MGA N
Internal Employed Underwriters N

Measurements

A.M. Best Rating A+
Insurer Financial Size Category XV
Continuous Years Providing Coverage in A/E Marketplace 2012

Where Licensed to Write/Carrier Admitted

50 States/DC Y
U.S. Territories N
Worldwide N

Benefits Offered

Risk Management Education Program Credits Y
First Dollar Defense Y
Loss Control Services N
Contract Review Services N
Multi‑Year Policies N
Pre‑Claims Assistance Y
Premium Credits with Experience Y
Premium Credits with AIA Membership Y
Premium Credits with LEED Certification Y

Special Coverage

Project Policies N
Prior Acts Y
Tail Insurance Y
Cyber Liability N

Specialty Markets

Multifamily or Condo Housing Y
Residential Y
Geothermal N
Landscape Y
Firm Size N

Underwriting Restrictions

Firm Size Y
Firm Location N
Type of Practice N
Type of Projects N
Location of Projects N
Non‑U.S. Projects N
Restrictions on Percentage of Residential N
Restrictions on percentage of multifamily and/or condominiums N
Specific Job Excess N

Special Exclusions / Conditions

Asbestos Claims N
Mold Claims Y
Silica Claims N
Hazardous Waste Claims N
Full Prior Acts Coverage N
Coverage for Acts in a Predecessor Firm N
Restricted Coverage for Prior Acts N

Deductibles and Limits

Minimum Deductible $1,000
Maximum Deductible $25,000
Coverage Limits $5,000,000

111 N. Canal Street, S 940
Chicago, IL
(866) 737 6877

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