Products
SPECIALTY LINES
Subcontractor Default Insurance
Hudson’s Subcontractor Default Insurance (SDI) provides the control and flexibility a general contractor needs to help successfully complete a project on schedule and on budget. Our SDI product offers competitive industry coverage and provides first-rate risk management services in the event of a subcontractor default.
Targeted Businesses
General contractors with annual revenue excess of $75,000,000 annually
Product Benefits
- Per Occurrence limits of $50,000,000 and Aggregate Limits of $100,000,000
- Indirect sublimit up to $5,000,000 or 10% of directs
- Post-completion coverage up to 10 years
- Coverage not limited to contract value
- Newsletter #1 – Payment Practices for off-site Stored Material & Tracking Quality Metrics
- Newsletter #2 – Overpayment: SOV best practices & Schedule Practices to Promote Quality
- Newsletter #3 – Prequalification of Purchase Orders & Synergies of Safety & Quality
- Newsletter #4 – Quality Challenges with the Wood Frame Marketplace & Elevated Risk of Material Deposits
- Newsletter #5 - The Importance of Understanding Your Subcontractor’s Business Structure & Your Project Schedule is its Roadmap to Success - Be Objective About its Health!
- Newsletter #6 - How to Improve the Claims Experience & Boeing’s Culture of Collapse
