Builders Risk

Expertise. Solution. Service.

MAXIMUM offers a robust Builders Risk Insurance program designed specifically for contractors, developers, and property owners. As a wholesale broker with access to both admitted and non-admitted carriers, MAXIMUM combines deep construction-market knowledge, flexible underwriting, and broad market access to deliver tailored solutions for projects across the United States.

Ideal Accounts and Appetite

This program fits a wide range of residential, commercial, and public-sector construction and renovation projects. MAXIMUM places everything from single-site builder reporting forms to complex multi-building habitational projects and large commercial developments.

Target classes include:

• 1–4 family dwellings, including homebuilders using reporting forms
• Apartments, condominiums, hotels, and motels
• Hospitals, assisted living facilities, and group homes
• Retail, restaurants, and office buildings
• Schools, municipalities, and correctional facilities
• Bridges, tunnels, and manufacturing facilities
• All habitational classes, including complex multi-building sites

Example fits: a developer building a mixed-use apartment/retail complex, or a contractor performing a large renovation of a historic hotel that requires protection for existing structures as well as new work.

Coverage Highlights and Advantages

MAXIMUM’s Builders Risk program delivers broad, all-risk protection that can be customized by project size, duration, and location. Policies may be issued on a project-specific or master program basis to suit frequent builders or single large projects.

• Limits up to $150 million per risk (non-CAT), depending on construction type and occupancy
• Admitted and non-admitted placement options nationwide
• Flexible policy terms (3–36 months) and multi-year single project options
• All-risk coverage subject to policy exclusions
• Coverage for existing structures during renovations
• Standalone wind, flood, and earthquake (CAT) coverage available
• Deductible buy-downs for CAT exposures where appropriate
• Delay in completion coverage for soft costs, rental income, and business income
• Mono-line contractors equipment, riggers’ liability, and equipment floaters

Underwriting Notes and Program Structure

Policies are typically written ground-up (100% written) and can be structured as primary, excess, or quota-share placements. Reporting form programs and multi-year single project policies are available for ongoing builds. MAXIMUM also administers Builders Risk master programs for contractors and developers with frequent or complex placements.

Underwriting considers construction type, site security, project controls, and CAT exposure. While the program is broad, high-risk operations with poor loss controls or projects in extreme CAT zones may require alternate placement or additional terms.

Territories and Availability

Available in most states — MAXIMUM works with both admitted and non-admitted carriers to provide coverage across the U.S., subject to carrier guidelines and individual project characteristics. Common placements include CA, FL, TX, NY, IL, and GA, among others.

Why Work With MAXIMUM?

MAXIMUM offers agents and brokers responsive underwriting, strong carrier relationships, and solutions oriented to construction risks. Whether you need a quick quote for a single project or a managed master program for a repeat builder, MAXIMUM provides the market access and program structure to get accounts placed efficiently.

Contact MAXIMUM by phone or email to discuss a specific account or to arrange submission requirements. We focus on delivering practical, market-driven solutions for Builders Risk exposures.