Builders Risk

Expertise. Solution. Service.

MAXIMUM offers a robust Builders Risk Insurance program designed to meet the evolving needs of contractors, developers, and property owners. As a wholesale broker with access to both admitted and non-admitted carriers, MAXIMUM brings deep industry knowledge, flexible underwriting, and comprehensive solutions tailored to construction risks across the United States.

Ideal Accounts and Appetite

This program is well-suited for a wide range of residential, commercial, and public sector construction and renovation projects. Whether your client is a homebuilder managing multiple dwellings or a developer working on a large commercial facility, MAXIMUM has market access and underwriting flexibility to deliver tailored coverage.

Target Classes Include:

• 1–4 Family Dwellings, including homebuilders' 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 classes of Habitational, including complex multi-building sites

Examples of well-suited accounts include a developer constructing a mixed-use apartment and retail complex, or a contractor performing a large-scale renovation of a historic hotel with existing structure coverage needs.

Coverage Highlights and Advantages

MAXIMUM’s Builders Risk program offers broad protection for construction-related exposures, with options to customize terms based on project size, duration, and location. Coverage can be structured on a project-specific or master program basis.

• Limits up to $150 million per risk (non-CAT), depending on construction type and occupancy
• Admitted and non-admitted coverage available nationwide
• Flexible policy terms from 3 to 36 months
• All-risk coverage, subject to exclusions
• Coverage for existing structures during renovation projects
• Standalone wind, flood, and earthquake coverage
• Deductible buy-downs for CAT exposures
• 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 offered on a ground-up (100% written) basis and can be structured as primary, excess, or quota share placements. Multi-year single project policies and reporting form options are available for ongoing builds. MAXIMUM can also accommodate Builders Risk master programs for contractors and developers with frequent or complex project needs.

Territories and Availability

This program is available in most states including but not limited to CA, FL, TX, NY, IL, and GA. MAXIMUM works with various admitted and non-admitted carriers to provide coverage in all 50 states, subject to individual project characteristics and carrier guidelines.

Why Work With MAXIMUM?

MAXIMUM combines strong carrier relationships with expert underwriting and responsive service. With a focus on tailored solutions for construction and renovation risks, MAXIMUM is a trusted partner for agents and brokers seeking to place Builders Risk coverage for a wide range of project types and sizes.

We settle for nothing less than the best choices for our clients, and we put no limit on what we can do for your Builders Risk Insurance needs. Please reach out to us today by phone or email with any questions or to discuss how we can assist you.