Builder's Risk-Course of Construction Insurance from Continental Risk / Continental Marine Insurance Services
Continental Risk / Continental Marine Insurance Services offers a robust Builder's Risk-Course of Construction Insurance program designed to protect property owners, contractors, and developers during construction projects. Whether you're placing coverage for a residential home builder, a commercial contractor, or a real estate developer, our program provides tailored solutions for the unique risks associated with construction.
Ideal Accounts and Appetite
This program is ideal for:
- Residential and commercial buildings under construction
- New construction, renovations, or additions
- Contractors, developers, and property owners
- Frame, masonry, and mixed-construction types
- Large-scale or high-value construction projects
We are not a fit for risks involving existing structures, land, landscaping, or automobiles as these items are excluded from coverage.
Coverage Highlights and Advantages
Our Builder's Risk Insurance program provides broad protection for property during the construction phase. Covered property typically includes:
- Construction materials and supplies on-site or in transit
- Structural elements such as foundations and excavations
- Scaffolding and temporary structures used in the construction process
Optional coverage enhancements may include:
- Permission to occupy coverage during final phases
- Fire department service charges
- Debris removal following an insured loss
- Valuable papers and records
- Pollutant cleanup and removal
- Capacity for large and complex projects
Underwriting Notes and Minimum Premiums
Our minimum premium starts at $500, making this an accessible solution for a wide range of project sizes. We can entertain submissions for both small residential builds and large commercial developments. Frame and non-standard construction types are considered, depending on project details and location.
To expedite underwriting, be sure to include project timelines, construction type, total insured value, and any unique exposures when submitting your accounts.
Territories and Availability
This program is available in most states, including but not limited to CA, TX, FL, NY, AZ, and IL. We can write business in nearly all 50 states and the District of Columbia. Admitted and non-admitted options may be available depending on the location and nature of the risk.
Why Work With Continental Risk / Continental Marine Insurance Services?
As a wholesale broker with deep experience in construction-related risks, Continental Risk / Continental Marine Insurance Services offers access to a wide range of markets and flexible underwriting for Builder's Risk accounts. Our team understands the nuances of course-of-construction exposures and works closely with agents and brokers to craft policies that protect against common and complex risks on the job site.
Whether you're placing coverage for a small contractor building custom homes or a developer breaking ground on a multi-family complex, we can help you find the right solution for your client’s needs.
To learn more or submit a risk, please contact our office directly.