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Maritime Program Group
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Maritime Program Group
Contact Us
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Builders Risk

From Commercial Buildings to Coastal Homes!


Securing the right Builders Risk coverage can be complex—building codes, municipal requirements, contract provisions, and coverage gaps all create friction for agents and brokers. Maritime Program Group (MPG) simplifies placement with a specialized national Builders Risk program designed for agents who need flexible, reliable solutions for construction-related exposures.

Comprehensive Coverage Backed by Hands-On Expertise

MPG provides an exclusive in-house Builders Risk program for new construction and renovation projects—residential or commercial, inland or coastal. Our underwriting team has construction-focused experience and applies practical knowledge to every submission. Whether the job is a custom coastal home, a multi-tenant office build, or a significant renovation, we create terms to fit the project’s realities.

Ideal Accounts and Appetite

Our program accommodates a wide range of construction risks, including:
  • Residential: custom homes, spec builds, coastal properties
  • Commercial: office, retail, mixed-use developments
  • Renovation and remodeling projects of varying scopes and values
We are particularly well-suited for:
  • Coastal properties where setback restrictions would otherwise limit placement
  • Projects needing flexible terms or policy extensions beyond 12 months
  • Accounts that have difficulty placing with standard carriers because of location or complex exposures

You might have a client building a custom waterfront home with specialized materials, or a contractor renovating an older mixed-use building in a coastal city—these are the kinds of submissions MPG is built to support.


Key Program Features and Benefits

MPG’s Builders Risk program delivers flexibility and protection to meet changing project needs: • Pro-rated policies for partial project durations
• Instant quotes available by phone
• Short-term and extendable policy options
• Builder or homeowner may be named insured
• Monthly reporting with deposit premium structures
• Extensions available beyond 12-month policy terms
• Low minimum premiums – $250 for new construction, $500 for renovations We also address exposures many standard programs exclude. Subject to underwriting, our terms can consider theft, tools and equipment, transit exposures, and certain natural disaster scenarios that other markets decline.

Direct Underwriting and Responsive Service

Maritime Program Group underwrites and issues policies in-house for faster turnaround and consistent communication. Our value-added service features for agents include: • Direct access to experienced underwriters
• Fast, responsive service and proactive communication
• Industry-specific loss prevention tools
• Direct or agency billing options
• Competitive commission schedules
• Coverage placed through A.M. Best “A” rated carriers

Nationwide Availability

Our Builders Risk program is available in all 50 states plus Washington, D.C. Whether the project is in California, Florida, New York, or anywhere in between, MPG has the regulatory know-how and market access to support your placement.

Why Partner With MPG?

As a Managing General Agency with exclusive programs and deep market relationships, Maritime Program Group provides the underwriting expertise and placement tools agents need to write challenging Builders Risk accounts. We specialize in coastal and other higher-difficulty risks and offer practical solutions when standard markets decline or restrict coverage.

Reach out to our underwriting team today to discuss your next Builders Risk submission—we’re here to help you place it with confidence.

Frequently Asked Questions

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

Our program is suitable for residential and commercial construction, including new builds, renovations, and coastal properties. We accept both small and large projects across all 50 states.

Can homeowners be named as the insured?

Yes. Policies can list either the builder or the homeowner as the named insured, depending on contractual needs and the project structure.

Is this program available for coastal risks?

Yes. We specialize in coastal placements and do not impose blanket setback restrictions, making us a strong option for properties near water—subject to underwriting review.

How quickly can I get a quote?

We offer instant phone quotes and fast turnaround from our in-house underwriting team to help you place business efficiently.

Are policies extendable beyond 12 months?

Yes. We provide flexible policy terms and can extend coverage beyond 12 months when necessary, subject to underwriting approval.

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

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Managing General Agency
  • Admitted:
    All Available States
  • Carriers:
  • Carrier Ratings:
    A.M. Best "A" Rated
  • Commission:
    Varies
  • Min Premium:
    -

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CONTACT INFORMATION

LOCATION

70 Essex Road
Westbrook, CT 06498
860-399-2047
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APPLICATIONS

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Maritime Program Group has other insurance programs like Boat Rental Insurance.