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Midlands Management Corp
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Midlands Management Corp
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Builders Risk

Midlands is a trusted wholesale broker and managing general agency with deep expertise in construction-related insurance. Our Builders Risk program is specifically designed for agents and brokers placing residential and commercial construction risks — including ground-up builds, remodels, and renovations.

Comprehensive Builders Risk Coverage Tailored for Your Clients

With decades of construction underwriting experience, the Midlands team understands the exposures your clients face on active job sites. Whether the insured is a general contractor, developer, builder, or owner-builder, our Builders Risk program provides flexible, competitive solutions across a wide range of construction types and project sizes. We place business with both admitted and non-admitted A.M. Best “A+” rated carriers, enabling tailored coverage options to fit your client’s needs. The program is available in most U.S. states and can accommodate many project scopes, from small renovations to larger multi-unit builds.

Ideal Accounts and Project Types

This program is a good fit for:
  • Residential and commercial ground-up construction
  • Remodeling, tenant build-outs, and renovation projects (including coverage for existing structures)
  • Vacant properties undergoing structural change
  • Contractors, builders, developers, and property owners
You might use this market when you have a client renovating a vacant retail building, a developer building a multi-unit residential project, or a general contractor managing a phased construction schedule.

Coverage Highlights

Included Coverage Options: • Buildings and structures under construction
• Vacant buildings during renovation
• Materials and equipment intended for installation
• Scaffolding (including re-erection costs)
• Temporary and auxiliary structures
• Coverage extensions for ordinance or law and soft costs
• Supplemental protections: water backup, in-transit, temporary storage, landscaping
• Coverage typically starts 25+ miles from coastlines
• Options for basic, broad, or special form coverage

Program Advantages

Why Agents Choose Midlands: • Access to “A+” rated admitted and non-admitted markets
• Flexible policy terms from 3 to 12 months
• Policyholder options: builder, contractor, or property owner
• Remodeler-friendly wording with optional existing structure coverage
• Competitive pricing and agent commissions
• Practical coverage features designed for real-world contractor exposures
• Broad underwriting appetite that increases placement opportunities

Underwriting Considerations

Our underwriters evaluate projects of varying complexity and size. Minimum premiums vary based on project characteristics and location, so submit details early to get a tailored quote. When you submit, include project value, construction timeline, intended policyholder, security and protection measures, and any prior loss history. Typical restrictions or items needing special review:
  • Coastal exposures within 25 miles of shore (may require special underwriting)
  • High-hazard operations or unusual materials
  • Projects with rapid value escalation or staged occupancy requests

State Availability

This program is available in nearly all U.S. states, including high-demand markets such as CA, TX, FL, NY, and IL. Availability may vary by carrier and specific coastal or catastrophe exposure; contact Midland’s underwriting team for state-specific eligibility.

Partner With Midlands

At Midlands, we know not all construction projects are the same. Our underwriters provide hands-on support to tailor Builders Risk policies to your client’s timeline and risk profile. Submit early and work with our market specialists to increase your chances of placement and to secure terms that work for both you and your insured.

Frequently Asked Questions

What types of accounts are a good fit for this Builders Risk program?

This program is ideal for residential or commercial new construction, remodelers, contractors, and property owners involved in ground-up or renovation projects.

Can coverage include existing structures during renovations?

Yes. Policies can be written to include existing structures when needed, which is especially helpful for remodeler and renovation accounts.

Who can be listed as the policyholder?

The policyholder can be the builder, general contractor, or property owner, depending on how the project is structured and the parties’ interests.

Are coastal properties eligible for coverage?

Coverage is generally available for properties located at least 25 miles inland from the coast. Coastal exposures may have additional requirements or limited availability.

Which states is this program available in?

Our Builders Risk program is available in most U.S. states, including CA, TX, FL, NY, GA, and many others. Contact us for specific state eligibility and carrier options.

Need help placing an account? Connect with a market specialist.

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Managing General Agency and Excess & Surplus Lines Broker
  • Admitted:
    Most Available Markets
  • Carriers:
  • Carrier Ratings:
    A or better
  • Commission:
    Varies
  • Min Premium:
    Varies

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CONTACT INFORMATION

LOCATION

5050 Quorum Drive, Suite 400
Dallas, TX 75254
972-588-2000
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Midlands Management Corp has other insurance programs like Active Assailant.