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Elevator Contractor Insurance Experts with the Lowest Rates

At CGO we consistently save elevator contractors, inspectors, consultants, and start-ups money on their insurance programs.

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Insurance Cost Management

For most elevator contractors, your business insurance is your second or third largest expense after payroll

At Connor & Gallagher OneSource (CGO), not only are our rates typically lower than national insurance agencies, but we can also offer you better service. With our insurance program you'll find that: 

  • Our quotes are fairly priced
  • Renewals are sent to our customers well ahead of your expiration date
  • The great majority of renewals have flat premiums
  • We place our business with an A+ rated carrier

Our A+ rated carrier includes coverage for hoist work, elevator and escalators service and maintenance, installation, as well as consulting and inspection services. 

Geographic Presence

We service independent elevator companies in all 50 states.

Want to See for Yourself?

We can offer references who will verify both premium savings and better coverage and service, and we look forward to showing you that there is a better solution for your elevator contractor insurance needs.

Why Go CGO?

  • CGO insures over 200 independent elevator companies across the United States
  • CGO has a dedicated COI team and large in-house staff (over 100+ employees) to handle all of your needs
  • Over 90% of the elevator companies we quote are overpaying for their business insurance
  • 80% of the time our program provides a minimum of a 30% savings
  • We run the second-largest elevator contractor program in the nation
  • Our premiums typically stay flat at renewal or even go down if your payroll rises
  • Collecting information is simple as we only need 3 items total

Next Steps?

Jump on a 5-minute discovery call with our elevator insurance expert, Daniel Berkwitt, to determine if CGO is the right fit for you. The best way is to reach him at his cell: 847-754-5744.

Testimonials

What Our Customers Are Saying

“I have worked in the elevator industry for over 25 years where responsiveness is crucial. Daniel Berkwitt & the CGO team have been impressively that - responding to our requests immediately or within 24 hours. Having a partner like CGO has improved our reputation as an elevator service provider, with our own customers, who expect a high level of service. ”

Sarah Waterman Washington Elevator

“When Mark and I decided to start up our own Elevator Inspections company, we knew the first step was to get Insurance. However, we had no idea where to start. Then we were referred to Connor & Gallagher. Daniel Berkwitt and his team to the rescue! He called me the same day, walked me through this tedious process that gave us a comfort in something that seemed so scary. He not only helped us get started, but he always there to answer questions and discuss if we need to increase coverage etc. And his team is always prompt in getting use new Certificates when needed!”

Marcie Mills

“Daniel has been a great insurance agent. Every time we have a question he is on it and has helped us find the best policy for our business at an affordable price. I have and will continue to recommend him to my colleagues in the industry.”

Jared Cramer

“It is without hesitation that Stark Elevator endorses Connor & Gallagher OneSource. Dan Berkwitt goes above and beyond to provide excellent customer service and the best insurance rates available. Elevator contractor insurance is a specialty insurance and CGO has proven to be excellent at meeting our insurance needs.”

Jennifer LaValley Stark Elevator

“When we started our company, we searched many insurance companies for liability insurance, and no other company had the experience or expertise of working with elevator contractors. Daniel was confident providing coverage for our specialty trade. He continues to be very responsive to email and assist us with any insurance questions. He was also able to provide surety bonds. We are glad we found Daniel with Conor and Gallagher, and we will continue to refer other companies. Thank you, Daniel, for all your support!”

Jaclyn Linehan

“I walked into the office side of the business completely blind and CGO has walked me through the entire insurance and bonding process, even reaching out to the IUEC Organizer on my behalf to complete the process. I had some confusion with payment and Daniel reached out to me the day the payment was due to make sure I was aware. Working with Daniel has been a breeze and he has gained a loyal client.”

James Lewis

“Daniel is one of the most knowledgeable individuals I know regarding the various aspects of this business. I have found Daniel to be reliable and dependable in every facet of elevator insurance brokerage. Daniel is an excellent listener, able to comprehend and analyze insurance requirements quickly and effectively. He is particularly adept at developing comprehensive insurance programs and recommending the best coverage for each client’s needs. Also, Daniel is an adept negotiator and communicator who is able to convince carriers to grant reasonable premiums and limits. He is highly organized, detail-oriented, and an excellent problem solver who always works well under pressure and can think outside of the proverbial box to achieve favorable results. I have no hesitation in recommending Daniel for any elevator insurance brokerage needs!”

Alan Greenwell

“I have worked with Dan Berkwitt at Connor and Gallagher Insurance for a couple of years now. He is extremely prompt, knowledgeable, efficient and friendly. He puts the customer first and I look forward to continuing doing business with him!”

Bobby Burke

“Dan Berkwitt has truly been a Godsend during the initial stages of our new venture. His patience has been unwavering, providing us with the guidance and support we needed to get through the daunting process of starting a new business. He took the time to listen to our concerns and offer practical solutions tailored to our specific needs. His wealth of knowledge and expertise is evident in every interaction we've had with him. Working with Daniel feels more like partnering with a trusted friend rather than just another service provider. Thanks Dan!”

Steven Kelly
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About Our Elevator Insurance Expert

Daniel Berkwitt

Daniel has spent the past decade solely selling business insurance to independent elevator contractors, inspectors, and consultants just like you. He personally has over 200+ independent elevator companies as customers and is a proud member of the National Association of Elevator Contractors (NAEC). Daniel's years of expertise in the elevator industry allows him to give the best advice to clients looking at their insurance options.

 

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We are proud members of the National Association of Elevator Contractors (NAEC).

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FAQs

Frequently Asked Questions

  • Union and Non-Union Elevator Contractors
  • New Entities / Startup Elevator Contractors
  • Lift Contractors
  • Stairlift Contractors
  • Escalator Contractors
  • Industrial Elevator Contractors
  • Tower Elevator Contractors
  • Residential Elevator Contractors
  • Elevator Inspectors
  • Third Party Inspectors
  • Elevator Consultants
  • Outdoor Hoist Contractors
  • Tram Contractors
  • Rack and Pinion Elevator Contractors
  • Grain Elevator Contractors
  • Cage Manlifts
  • Belt Manlifts
  • General Liability
  • Workers Comp
  • Excess Liability
  • Automobile Liability
  • Professional Liability
  • Property and Inland Marine Coverage
  • Wage and Benefits Bonds
  • Surety Bonds
  • Payment and Performance Bonds

All states will require a minimum of one million dollars per occurrence to get your elevator contractor license. The International Union of Elevator Contractors requires one million per occurrence with a two-million-dollar aggregate. Union startup elevator contractors will also need to provide a $60,000 wage and fringe benefit bond. The good news is our policy offers one million dollars per occurrence with a four million general aggregate to make sure you have the insurance you need plus an additional two million in general aggregate. We also provide the lowest rates for surety bonds for elevator contractors and inspectors.

All elevator contractors purchase general liability insurance but very few truly understand the elevator insurance cost. For elevator contractors the general liability premium is based on a simple formula. That formula is a rate per $1,000 of field payroll multiplied by the actual field payroll of the elevator contractor. Here is a sample: $50 rate per $1,000 of field payroll X $1,000,000 in field payroll = $50,000 in annual general liability premium. Good news! Owners in the field are capped at a much smaller payroll of approx. $30,000 a year. So, the next obvious question is what determines the liability rate. There are many factors that go into the rate per $1,000 of field payroll.

Here are the main factors in getting the best rates:

  • Field payroll (the larger the field payroll the lower rate you deserve)

  • Geographic area (several states including NY simply must charge higher rates
  • Startup or new entity vs. an established company with loss runs to show clean claim history
  • Losses over the previous 5 years
  • Percentage of new installation
  • Commercial work vs. residential work
  • Union vs. Non-Union
  • Elevators / lifts you work with (manlifts, trams, outdoor hoists, grain elevators have higher rates)

The industry standard general liability limits for elevator contactors are one million dollars per occurrence with four million dollars of general aggregate. We also recommend purchasing excess liability to go over the general liability policy. Excess liability limits start at one million dollars and can go as high as 25 million dollars.

We offer both direct bill and flexible financing. Credit cards are accepted for down payments and monthly payments.

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