Ideal Accounts and Appetite
This program is aimed at steady residential builders — single-family homes, planned communities, and small residential developments — typically running near 100 starts per year. NSM looks for contractors with sound risk-management practices, up-to-date building-code compliance, and disciplined subcontractor controls. Commercial builders, specialty contractors with irregular operations, or developers with minimal annual starts are generally outside the program’s appetite.
Example accounts that often fit: a regional single-family builder expanding into an adjacent market, or a community developer who needs broader subcontractor and inland marine protection across multiple job sites.
Coverage Highlights and Advantages
Homebuilders CoverageTM is backed by an "A+" rated national carrier and combines fast turnarounds with specialized underwriting and claims service. The program is structured to help agents place comprehensive protection that addresses both first-party construction exposures and third-party liability on active sites.
Lines of coverage commonly available include:
- Builders Risk
- General Liability
- Property/Inland Marine
- Business Income
- Building Ordinance
- Crime
- Business Auto
- Excess Liability
Underwriting Notes and Minimum Premiums
Minimum premiums vary by account size, state, and selected coverages. NSM prioritizes well-managed, profitable residential construction risks and evaluates submission quality, safety programs, and subcontractor vetting when underwriting. Expect competitive pricing paired with timely quote responses to help you move opportunities forward.
Territories and Availability
This program is available on an admitted basis in most states and is offered in 50+ jurisdictions, including Washington, DC. Core markets include CA, FL, TX, NY, PA, GA, IL, and WA. Specific coverages and terms may vary by state—check state availability for the line you need.
Why Work With NSM Insurance Group
As a Managing General Agency, NSM brings decades of program administration focused on niche construction markets. Agents benefit from in-house underwriting expertise, specialized claims handling, loss-control resources, and access to top-rated markets. NSM’s process helps you place accounts confidently and respond quickly to client needs.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Residential homebuilders running roughly 100 starts per year—single-family builders, planned communities, and small residential developers—are the primary fit. Strong safety and subcontractor controls are important.
Is this program available nationwide?
Yes—NSM offers the program on an admitted basis in most states and in 50+ jurisdictions, including Washington, DC. Availability and specific terms can vary by state and coverage line.
What carriers support this program?
Coverage is placed through multiple carriers, including an "A+" rated national carrier to provide solid financial backing and reliable claims handling.
How quickly can I get a quote?
NSM emphasizes quick quote turnaround to help you respond to client opportunities. Submission quality and completeness will speed the process.
Are non-standard or commercial builders eligible?
This offering is tailored to residential builders. Commercial construction operations and non-standard builds typically fall outside the program’s appetite.
Need help placing an account? Connect with a market specialist.