COVERAGE AND PRODUCT FEATURES

  • Occupied or unoccupied residential or commercial properties under renovation
  • Projects up to 12 months in length
  • Ability to consider 3, 6, 9 and 12-month policy terms and to extend short-term policies by endorsement
  • No restriction on length of vacancy

SUBJECT TO UNDERWRITING REVIEW

Up to two losses or claims per coverage line incurred in the past three years

AVAILABLE LIMITS

  • Property values up to:
    • $3,000,000 in protection classes 1-8
    • $1,000,000 in protection classes 9-10
    • $500,000 in coastal zones (excluding wind and hail coverage)

MOST COMMON INELIGIBLE RISK CHARACTERISTICS

  • Buildings that are:
    • Currently damaged (fire or otherwise)
    • Scheduled for demolition
    • Valued at less than $10 per square foot
  • New, ground-up construction*
  • Construction work has already started
  • Structural renovations
  • Located in AK, LA or WV
*Please refer to the Builders Risk Hit Zone Product Underwriting Guide
NOTE: Ineligible risk characteristics include, but are not limited to those listed above.

 

CONTACT AN UNDERWRITER FOR MORE INFORMATION AT 877-742-9875 OR CLICK HERE TO FILE A SUBMISSION