**COVER LETTER** [Date] Ridgeline Construction LLC Attn: [Owner Name] | [Address] | [City, MD ZIP] Re: Commercial Insurance Program — Proposed Effective [Date] Dear [Owner Name], Thank you for the opportunity to review your commercial insurance program. I have completed a market analysis and am pleased to present a recommended program through Travelers that maintains your current protection at a lower total cost. Please review the enclosed proposal at your convenience. I am available to answer any questions before you make a decision. [Broker Name] | [Agency] | [Phone] | [Email] --- **EXECUTIVE SUMMARY** The recommended program places Ridgeline Construction LLC's commercial general liability, business owners, commercial auto, and umbrella coverage with Travelers. Total annual premium is $11,850 — $2,350 (17%) less than the expiring program. The pricing reflects Travelers' preferred-tier rate for residential remodelers with a clean five-year loss history. Limits are equivalent to the expiring program on all lines. --- **COVERAGE SUMMARY** | Coverage | Carrier | Limits | Deductible | Key Endorsements | |---|---|---|---|---| | BOP / CGL | Travelers | $2M occ / $4M agg | $500 | Completed operations included | | Commercial Auto | Travelers | $1M CSL | $500 | Hired & non-owned auto | | Commercial Umbrella | Travelers | $1M occ / $1M agg | $0 over primary | Follows form | --- **PREMIUM SUMMARY** | Line | Annual Premium | |---|---| | BOP + CGL | $8,200 | | Commercial Auto | $2,100 | | Umbrella | $1,550 | | **Total** | **$11,850** | Payment: annual or quarterly installments. Premium financing available on request. --- **COMPARISON TO EXPIRING** | | Expiring (The Hartford) | Proposed (Travelers) | Change | |---|---|---|---| | Total premium | $14,200 | $11,850 | –$2,350 (–17%) | | CGL limits | $2M / $4M | $2M / $4M | No change | | Auto limits | $1M CSL | $1M CSL | No change | | Umbrella | $1M | $1M | No change | --- **KEY EXCLUSIONS AND LIMITATIONS (Broker-flagged)** - Program does not include professional liability or pollution liability. Please advise if either exposure applies. --- **NEXT STEPS** To bind coverage, sign and return the enclosed application by [date]. Coverage is not bound until your broker confirms in writing. Contact [Broker Name] at [phone/email] with any questions.