Customized Business Insurance
Transportation Insurance
Protect your clients and your accounting business.
Frequently Asked
Questions
The company has met the minimum requirements established by statute and is authorized by that state to write business. The importance of being admitted includes not only the protection to the insured of having the backing of the state’s regulatory authorities to assist if a problem arises, but also the fact that the guaranty fund laws generally apply only to licensed insurance carriers.
The company is a surplus line (non-admitted) carrier, which is a company that generally underwrites risks or part of risks for which insurance is not available through an admitted company. This business is, therefore, placed with non-admitted insurer (a company not licensed in the state) in accordance with state surplus lines insurance laws.
A special purpose liability insurance company formed under the Liability Risk Retention Act of 1986 that is wholly owned by policyholders. After meeting the regulatory requirements of the state in which it is chartered, an RRG can provide insurance to members in other states without first having to meet their individual licensing requirements.
What is Accountants Professional Liability insurance?
Accountants Professional Liability Insurance program covers Accountants, Bookkeepers, Enrolled Agents, and Tax Preparers for services provided in their accounting practices. First Underwriters’ broad definition of Professional Services includes Accounting, Financial Planning, Consulting, Notary Public, Fiduciary, Investment Advisor, and Arbitrator/Mediator.
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Frequently Asked Insurance Questions
Currently, insurance carriers are fairly lenient on policy lapses. It is generally a good idea to keep your construction insurance policy and bond in force.
If you have a lapse in coverage and are having trouble finding coverage, one of our construction insurance specialists will do everything to get you insured.
Call (425) 242-5357
First Underwriters Construction insurance specialists will shop our network of over 100 admitted insurance carriers and find the lowest down payment and monthly payments.
Call (425) 242-5357
If you've been declined elsewhere for prior losses, First Underwriters Construction Insurance Specialists will find a carrier that will meet your insurance requirements and get you back to work.
Call (425) 242-5357
