J.M. Wilson offers a flexible and comprehensive Builders Risk Insurance program tailored to meet the needs of your clients with residential or commercial construction projects. Whether you're working with ground-up construction, remodels, or renovations, our inland marine product delivers reliable protection during the course of construction. Coverage is available for both short-term and long-term projects.
Ideal Accounts and Appetite
This program is designed for a variety of construction exposures, including but not limited to:
- New residential home builds
- Homes undergoing renovation or remodeling
- Light commercial construction projects
We write Builders Risk policies for structures including frame and brick veneer, joisted masonry, non-combustible, masonry non-combustible, and fire resistive construction types. If you have a client building a single-family home from the ground up or renovating a small commercial space, this program may be a great fit.
Coverage Highlights and Advantages
- Policy terms available for 3, 6, or 12 months – fully earned
- Limits up to $1 million in liability
- Minimum deductible of $1,000
- Replacement cost valuation
- Low minimum premiums
- Optional coverages include theft of building materials and extended builder's risk coverage
All inspections are conducted by and at the expense of the company, helping streamline the underwriting process and reduce hassle for your insureds.
Underwriting Notes and Minimum Premiums
Our underwriting team is experienced in evaluating a wide variety of construction-related risks. Minimum premiums vary depending on the size, type, and location of the project. We work with both admitted and non-admitted markets, offering flexibility for harder-to-place risks or unique construction scenarios.
Territories and Availability
This program is available in the following states: AL, AR, GA, IL, IN, IA, KS, KY, MI, MN, MS, MO, NE, NC, OH, OK, PA, SC, TN, VA, WV, and WI. Admitted options are available in some markets, with access to a range of carriers to help find the best solution for your client's needs.
Why Work With J.M. Wilson?
As a Managing General Agency and Excess & Surplus Lines Broker, J.M. Wilson brings decades of experience and strong carrier relationships to help independent agents place construction-related risks with confidence. We represent a variety of carriers across both admitted and non-admitted markets, giving you the tools to serve standard and hard-to-place accounts alike. Our responsive service, underwriting expertise, and focus on agent success make us a trusted partner for Builders Risk Insurance placements.
Frequently Asked Questions
What types of accounts are a good fit for this Builders Risk program?
Ideal accounts include new residential home construction, homes undergoing renovation, and small to mid-size commercial construction projects.
Are both admitted and non-admitted carriers available?
Yes, we work with multiple carriers and offer both admitted and non-admitted options depending on the state and risk characteristics.
What is the minimum policy term offered?
Policy terms are available for 3, 6, or 12 months, depending on the needs of the project.
Is theft of building materials covered?
Theft coverage is available as an optional endorsement and can be added to eligible policies upon request.
Which states is this program available in?
This program is available in AL, AR, GA, IL, IN, IA, KS, KY, MI, MN, MS, MO, NE, NC, OH, OK, PA, SC, TN, VA, WV, and WI.
Need help placing an account? Connect with a market specialist.