Ideal Accounts and Appetite
This program targets general contractors engaged in ground-up construction or large-scale remodeling of luxury residential properties. It is best suited for contractors who subcontract at least 70% of labor and materials. Qualified accounts may also include contractors who occasionally perform commercial remodeling alongside their residential work.
Example accounts you can place: a GC managing custom homes listed in the millions that coordinates multiple specialty contractors, or a remodeler completing high-end kitchen, bath and exterior renovations in affluent neighborhoods where project values and exposure are elevated.
Coverage Highlights and Advantages
ProSight’s Luxury Home Builders program uses a proprietary per-start pricing model rather than traditional ISO payroll or subcontractor cost bases. That simplifies rating and often produces more competitive premiums for qualified risks.
The program includes a suite of embedded Commercial General Liability enhancements that are valuable on luxury projects, such as:
• Blanket Waiver of Subrogation
• Primary and Non-Contributory wording
• Broad blanket Additional Insured endorsements
• Per-project aggregate limits
Beyond policy language, ProSight provides access to experienced risk control professionals and responsive claims management resources to help contractors limit exposures and protect project margins.
Underwriting Notes and Limits
This is a non-admitted program underwritten by ProSight Specialty Insurance. General Liability and Excess Liability limits are available up to $5 million. Underwriting favors accounts with strong subcontractor vetting and management practices, clear contract flow-downs, and a demonstrable history of project oversight.
Available States
The Luxury Home Builders General Liability Insurance Program is currently available in the following states: AL, AK, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, SD, TN, TX, UT, VT, VA, DC, WV, WI, and WY.
Why Work With ProSight
ProSight Specialty Insurance brings focused expertise in niche construction risks and a streamlined underwriting approach for luxury residential contractors. Agents and brokers benefit from a dedicated carrier platform, specialty underwriting knowledge, competitive per-start pricing for qualified risks, and access to tailored risk control and claims services.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for general contractors who specialize in building or remodeling luxury residential homes and who subcontract at least 70% of labor and material costs.
Is commercial remodeling work eligible under this program?
Yes. Qualified general contractors that perform some commercial remodeling in addition to luxury residential projects may be eligible—subject to underwriting review.
What makes this program different from standard general liability policies?
ProSight’s proprietary per-start pricing and the program’s embedded liability extensions (such as blanket waivers and broad additional insured wording) distinguish it from many standard GL offerings that add these features only as endorsements for extra cost.
Is this program available on an admitted basis?
No. The Luxury Home Builders program is offered on a non-admitted basis through ProSight Specialty Insurance.
In which states is this program offered?
The program is available in more than 40 states. See the “Available States” section above for the current list of territories where you can place business.
Need help placing an account? Connect with a market specialist.