International Door & Operator Industry

JAN-FEB 2014

Garage door industry magazine for garage door dealers, garage door manufacturers, garage door distributors, garage door installers, loading docks, garage door operators and openers, gates, and tools for the door industry.

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66 International Door & Operator Industry™ ASSOCIATIONNEWS family housing is also on the upswing, bringing those housing starts to 785,000, while multifamily housing starts will continue to improve this year, reaching the 365,000 starts. In addition, according to McGraw Hill's Construction forecast, the commercial sector is also expected to keep growing during 2014. The commercial sector will experience a modest increase. The 2014 construction forecast indicates that warehouses and hotels will lead this sector, although offce and store construction will also show signifcant increases in new facilities. Most IDA members, however, perform only, or mostly, residential If you want additional information about the advantages of the IDAs- surance Program, please contact Andrew Stergiou at 212-603-0321 (as- tergiou@alliant.com). Alliant Insurance Ser- vices, Inc. is the consult- ing broker for the IDAssurance Program and is one of the largest and most experienced insurance and surety bond brokerage frms in the country. Advantages of the IDAssurance Program • General Liability, Automobile, and Workers Compensation written with Liberty Mutual Insurance Company – An admitted A XV rated Company by AM Best • $0 deductible on the general liability, workers compensation and automobile (Except $500 comp/collision deductible) on all policies • NO residential exclusion • Ability to receive certifcates of insurance within 2 hours of the request via email (continued from page 65) work. The IDAssurance Program with Liberty Mutual has NO residential exclusion on any of its IDA policies, and this allows work to be performed in townhouses, tract housing, condominiums, and building associations, at no extra cost. Most IDA members who are not part of the IDAssurance Program with Liberty Mutual are unaware of this exclusion on their current general liability policy. Liberty Mutual has proven to provide stable and consistent premiums to its members, which insulates them from market fuctuations associated with the construction industry, while providing the broadest coverage available in the industry. In short, IDA members insuring with these OTHER programs often experienced rapidly increasing premiums, coverage restrictions, and sometimes, total non-availability of insurance. The IDAssurance Program offers the broadest insurance form in the marketplace. Liberty Mutual is the insurance carrier for many of the IDAssurance members and is sponsored by the International Door Association. TESTIMONIALS: The IDAssurance Program is a great service for its members and provided our company with competitive pricing and broader coverage. Andrew Stergiou and his staff respond immediately to all of our questions and forward the certifcates of insurance to our attention within 2 hour of the requests. They also provide the renewal quotes three weeks in advance (We were used to the other brokers coming in 24 hours before the policy expired). Not only did the program save us money on the policies, but it also allowed my offce staff to focus on our business. IDAssurance is a win- win program! We've been working with Andy and his staff for almost seven years now. It has been a pleasure ever y step of the way. Sara Dunshee – Overhead Door Company of Fresno, Fresno, CA I would just like to take a minute and thank you, your Alliant team, and IDA for the wonderful service and product you provided to our company. Your knowledge regard- ing insurance products has helped provide our company with the cov- erage and the value we needed. I am also pleased that we were able to wrap our general liability, workers compensation and auto- mobile policies with one company and one broker. Thank you again for taking the time and extra effort we needed to get this coverage in place. Lee A. Gravesen, Chief Financial Offcer, Industrial Door Group, Inc. • Policies specifcally tailored for the IDA members • General liability per project with aggregate of $5,000,000 • Broad and comprehensive coverage • Completed Operations for Additional Insureds • General liability, workers compensation, and automobile liability waivers of subrogation (Blanket Waiver of Subrogation) • Primary & Non-contributory endorsement 1/24/14 11:40 AM

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