Builders Risk - Liberty Mutual - Diamond State Surplus Lines Tax Issue

Posted 2026-03-15

I posted about a week ago regarding a builder's risk policy with Liberty Mutual, where premises liability was placed with Diamond State. Diamond State left off surplus lines tax and fees, which resulted in a $180 increase in premium. The client is frustrated with the increase, but we haven't been able to find a better option in the market. Liberty Mutual has offered to pay any minimum earned premium Diamond State asks for if the client wants to cancel.

Carriers Mentioned

Liberty Mutual

Risk Types

surplus lines, E&S

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