Business Details
43 Years
experience
Trusted Elevator Industry Insurance Solutions
National Elevator Insurance Solutions has been a dedicated provider of specialized insurance and risk management products for the elevator industry for over 40 years. Our team, with decades of collective experience, understands the unique challenges faced by elevator contractors, inspectors, consultants, distributors, and manufacturers. We offer tailored coverage enhancements that address the specific risks inherent in elevator operations, including height-related hazards, electrical dangers, and heavy machinery. Our claims handling team comprises experts with deep industry knowledge, ensuring efficient resolution of complex cases.We partner with top-rated carriers to deliver competitive pricing and comprehensive protection across all 50 states. As active members of key industry organizations like the National Association of Elevator Contractors, we remain at the forefront of evolving safety standards and regulatory requirements. Our commitment to innovation has resulted in proprietary policy features such as first-dollar protection and blanket additional insured coverage. With a proven track record of serving hundreds of satisfied clients, we continue to set the standard for elevator industry insurance solutions.
Services
General Liability
Professional Liability
Excess Liability
Workers Compensation
Business Auto
Property Insurance
Surety Bonds
Health Insurance
Details
- Year established: 1983
Highlights and features
- 40+ years specializing in elevator industry insurance solutions
- Claims team with elevator-specific legal and technical expertise
- Competitive nationwide pricing with state-specific compliance knowledge
- Custom coverage enhancements for height-related and electrical risks
- No height restrictions in policy coverage parameters
Services
General Liability
Our general liability insurance protects elevator contractors from financial risks associated with property damage, bodily injuries, and legal liabilities. This coverage extends to installation, maintenance, and inspection operations with no height restrictions. Policy enhancements include first-dollar protection, blanket additional insured coverage, and limited pollution protection.
Professional Liability
Professional liability insurance safeguards against claims arising from professional mistakes during elevator installation, repair, or inspection. This coverage includes legal defense costs and potential settlements for errors in workmanship or missed inspection issues. Policies feature custom tailoring for contractors, inspectors, and technicians.
Excess Liability
Excess liability coverage provides additional financial protection beyond standard liability policy limits. Designed for severe claims exceeding $1,000,000, this coverage addresses high-risk scenarios including catastrophic injuries and major property damage incidents during elevator operations.
Workers Compensation
Workers' compensation insurance covers medical expenses and lost wages for employees injured during elevator-related work. Policies address industry-specific risks like falls from heights, electrical shocks, and heavy equipment injuries. Coverage includes compliance with state-specific requirements across all 50 states.
Business Auto
Business auto insurance protects commercial vehicles used for elevator service operations. Coverage includes damage from accidents, theft, and transportation risks for tools and equipment. Policies accommodate various vehicle types from pickup trucks to specialized service vehicles with industry-specific risk considerations.
People
John Tateossian
President
John Tateossian leads National Elevator Insurance Solutions with extensive industry experience. He oversees strategic operations and client relationships, leveraging deep knowledge of elevator insurance complexities to ensure comprehensive coverage solutions for contractors nationwide.
Denise Beardsley
Claims Specialist
Denise Beardsley manages claims processing with specialized expertise in elevator-related incidents. Her team ensures efficient resolution of complex cases, applying industry-specific knowledge to protect policyholders' interests during critical situations.
Corinne McGuire
Claims Specialist
Corinne McGuire provides expert claims handling for elevator insurance policies. With years of experience in the industry, she focuses on timely resolution of complex claims while maintaining strict adherence to regulatory requirements and policyholder protections.
Shannon Kenion
Assistant Account Executive
Shannon Kenion specializes in certificate of insurance processing. She ensures prompt issuance of documentation critical for contract execution, maintaining a same-day service standard to prevent project delays for policyholders.
Questions
Is your insurance company licensed in all states?
Our carriers are nationally recognized and licensed in all states except Hawaii, providing coverage across the entire United States.
Do you work with local insurance agents?
We collaborate with local agents to maintain established client relationships while providing specialized elevator industry insurance expertise.
What are the minimum premium requirements?
Liability policies start at $4,000 minimum premium, with workers' compensation minimums varying by state classification.
How are liability premiums calculated?
Premiums are based on field labor payroll and subcontracting costs for contractors, or gross sales for manufacturers and distributors.
Is there a charge for certificates of insurance?
Certificates are provided at no cost, typically issued on the same day they are requested to avoid contract delays.
What coverage enhancements do you offer?
Our policies include first-dollar protection, blanket additional insured coverage, and limited pollution protection tailored to elevator industry risks.
