PERFORM: Professional Liability Insurance for Contractors
PERFORM provides contractors with professional, pollution and protective coverages
Why Professional Liability Insurance for Contractors
Berkley Construction Professional’s PERFORM policy for contractors is customizable and addresses the most complex professional and pollution liability insurance needs of general contractors, construction managers, design/builders and trade contractors. Where General Liability insurance applies simply to bodily injury and property damage losses, Professional Liability insurance is more comprehensive, applying to:
- Economic damages including:
- Cost overruns from change orders
- Acceleration costs from project delays
- Bodily Injury and Property Damages triggered by a negligent act
- Mold/pollution claims arising out of Professional Services
PERFORM
Our PERFORM policy is shaped by our decades of experience in the construction insurance marketplace and provides contractors with Professional and Pollution Liability Insurance tailored to their needs. It combines professional, protective and pollution coverages and provides separate insuring agreements for each of the exposures that share the policy aggregate limit.
The Power of Berkley
Berkley Construction Professional is one of approximately 60 (re)insurance businesses that comprise the Berkley brand. Berkley is one of America’s largest commercial lines property casualty providers, operating worldwide. Each Berkley business offers deep expertise within an industry, product, region, or distribution type.