Construction site losses often exceed what appears upon initial review. We design our broad array of coverage extensions and supplemental coverage to indemnify our insureds for the losses that are not so readily apparent. You can trust in our experience and expertise for your unique builders’ risk protection needs.
Available property and casualty coverage includes:
Covered losses may include:
Full Breadth of Services
We don’t just insure property. We partner with our insureds to help them quickly recover when damages occur and avoid damages whenever possible. With us, coverage means access to the following services:
We consider this a highly desirable class of business. We write all construction types, but favoring non-combustible, masonry non-combustible, or fire resistive. We also give preference to new construction that is not expected to take more than 18 months to complete. We carefully underwrite risks in CAT-prone areas, i.e., situated in high hazard earthquake areas, flood zones A or V, or in South Atlantic or Gulf coastal areas where hurricanes are most likely to make landfalls.
Our focus is limited to total insured values not exceeding $30MM, with single structures not exceeding $15MM. For frame or joisted masonry construction, however, we prefer total insured values not exceeding $10MM with single structures not exceeding $5MM. The maximums for other policy sub-limits vary according to the exposures presented. Each risk is individually underwritten on its own merits.
We prefer general and specialty contractors who have a successful track record in the geographical area where they operate and a solid reputation for completing their work on time. Wherever there is adequate public fire protection, we consider most project types desirable, including commercial, communications, educational, financial, habitational, hotels and motels, medical, light manufacturing, mercantile, offices, public works, religious, and shopping centers.