# Accuracy Speeds Binding

January 21, 2026 · Ingrid Franco

When it comes to mid-market Contractors General Liability — premiums $15K and up — the faster a submission is accurate, the faster coverage can be bound. Much of the essential information is already in your submissions; the key is verification and completeness. Using our AI-powered, human-supported approach, we help agents quickly confirm details, reduce back-and-forth, and get contractors protected faster.

## Here’s what matters most for a valid mid-market submission:

1. **Named Insured**  
   Accurate legal names (and DBAs, if applicable) prevent delays and ensure the policy is issued correctly.
2. **Business & Location Addresses**  
   Include both business and operational/jobsite addresses, if different. Underwriters need this to evaluate risk and exposure accurately.
3. **Effective Date**  
   Confirm the requested start date aligns with project schedules to avoid coverage gaps.
4. **Years in Business / Field Experience**  
   Stability and trade experience help underwriters assess risk and to properly evaluate the exposure.
5. **Full Description of Operations**  
   Specific details about work types, contractor specialization, and scope ensure coverage matches risk. Accuracy speeds approval.
6. **Multiple Class Codes**  
   If applicable, include each class code with the percentage of operations. For example: 60% interior painting, 40% carpentry.
7. **Prior Claims History**  
   Provide claims info for the last five years — even a simple confirmation of no claims works. Transparency avoids delays.
8. **Revenues, Payroll & Subcontractor Costs**  
   Accurate financials ensure the policy is properly sized: annual revenue, payroll, and subcontractor costs matter.
9. **Residential vs. Commercial Exposure**  
   Specify the percentage split between residential and commercial work. This helps underwriters evaluate limits and risk accurately.

## Bottom Line

Accuracy equals speed. The faster we validate submissions, the faster we can bind coverage. Using our AI-powered, human-supported approach, underwriters can quickly confirm key details, reduce back-and-forth, and deliver reliable mid-market GL protection — providing the right coverage for the contractor's specific needs.

[Read more about our Contractors GL product for higher premiums](https://sliceinsurance.com/product/contractors-general-liability-mid-market/) ➡️

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