Products & completed operations coverage for precast.

This is the center of gravity of every precast program. Product goes into service, years pass, and then a defect surfaces on every project it shipped to. How this line is structured decides whether that's a bad month or an existential problem.

Email the program desk Call 978-897-7773

Exposure matrix

What goes wrong, and what responds.

The exposures below are the ones this coverage exists to answer — across every product line and plant on the program.

Ref

Exposure

What happens & what responds

TAIL

The long tail

Precast defect claims surface years after shipment, and the occurrence coverage in force when the damage happens is what responds — which makes continuity of coverage across renewals as important as this year's limit.Responds: Occurrence-form GL & continuity planning

SPAN

One defect, many projects

A bad mix design or connection detail doesn't stay on one job — it spans every project that product shipped to, and your aggregate limits get tested all at once.Responds: Per-project aggregates & umbrella

DEF

Defense costs

Construction defect litigation names everyone who touched the job, and defense spend can rival the damages even when you win. How defense is covered — inside or outside limits — changes what a claim really costs you.Responds: Defense coverage structure

RIP

Rip & tear

Removing and replacing a defective product, and repairing the work around it, sits in the most contested territory of GL forms — coverage here varies enormously by carrier and endorsement.Responds: GL form selection & endorsements

CONT

Contractual liability

Indemnity clauses and additional-insured requirements in supply contracts shift other parties' risk onto your policy; unmanaged, they can outrun your limits before your own exposure is even counted.Responds: Contract review & umbrella sizing

Precast products liability insurance FAQ

Common questions, straight answers.

For anything specific to your operation, call 978-897-7773 and ask about the Precast Concrete Manufacturers Insurance Program.

What's the difference between occurrence and claims-made coverage for a precaster?

Occurrence coverage responds based on when the damage happened, no matter when the claim is made — which fits precast's long tail. Claims-made coverage responds based on when the claim comes in and needs continuous renewal or tail coverage to protect old work. Most precast GL is occurrence-based, but E&O and some pollution forms are claims-made, so the program has to manage both clocks.

Does liability insurance pay to replace our defective product itself?

Generally no — the cost of your own defective product is treated as a business risk, not an insured loss. What liability coverage responds to is the damage that product causes to other property and the resulting claims, and depending on form and endorsements, some rip-and-tear costs. Understanding exactly where that line sits on your policy is worth an hour of anyone's time before a claim, not after.

Why would we need a per-project aggregate?

Because a single shared aggregate can be exhausted by one bad project, leaving nothing for the others — or for the rest of the year. Per-project aggregates rebuild the limit for each job, which is also why sophisticated GCs and owners require them in supply and trade contracts.