Submission Requirements
- ACORD or other carrier’s Homeowners Application
- Builders Risk Supplemental Application
- Proof of Licensed & Insured General Contractor on project
- 5 Years of currently valued Loss Runs (if applicable)
Highlights
- Minimum Coverage A of $150,000 (varies by state)
- Liability Limits up to $500,000
- No requirement on distance to coast (direct waterfront is OK)
- Theft of Building Materials & Builders Risk Extended coverages available
- 12-month terms available
- Policy can be converted to a Homeowners policy upon completion of construction
Target Classes
- Ground up construction projects
- Large or Small Renovation Projects
- Coastal exposure OK (we can also provide Flood or Excess Flood)
- Mid-Term Projects are OK (continuous coverage required)
