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Building Renovation Property Coverage from Bailey Special Risks, Inc. Bailey Special Risks, Inc. (BSR) offers a specialized Building Renovation Property insurance program tailored for owners of existing structures undergoing renovation. This program is underwritten by an A.M. Best A++ rated carrier, providing agents and brokers with access to a reliable and financially secure market for their clients’ renovation projects. Ideal Accounts and Appetite This program is ideal for property owners and real estate investors who are renovating commercial or residential buildings. Typical accounts may include: Vacant or partially occupied buildings undergoing construction upgrades Historic structure restorations Mixed-use properties with renovation plans Retail, office, or apartment buildings under construction If you have a client who recently purchased an older building to convert into rental units, or a developer updating a strip mall, this program can help address their unique exposures during the renovation phase. Coverage Highlights and Advantages BSR’s Building Renovation Property program is designed to cover the increased risks associated with construction and renovation activities. Key features may include: Property coverage for the existing structure during renovation Options for builders risk or renovation-related exposures Coverage through a non-admitted A++ rated carrier Underwriting flexibility for a wide range of project sizes and building types This program helps protect your insured's investment throughout the renovation process, offering peace of mind during potentially high-risk transition periods. Underwriting Notes BSR works exclusively through licensed insurance professionals and provides fast, responsive underwriting support. While there is no published minimum premium, submissions should include full renovation details, project scope, construction timelines, and occupancy plans. Projects with significant structural changes, major additions, or extended vacancy periods are considered on a case-by-case basis. Territories and Availability This program is available in the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, MO, NV, NJ, NY, NC, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WV, WI, and WY. Coverage is offered on a non-admitted basis through United States Liability Insurance Group. Why Work With Bailey Special Risks, Inc.? With decades of experience as a wholesale broker, BSR delivers niche insurance solutions for hard-to-place and transitional risks. Their access to top-rated carriers and commitment to personalized service make them a strong partner for agents looking to place renovation property accounts. Whether you're helping a client renovate a vacant downtown building or modernize a multifamily property, BSR can help you find the right coverage solution. Frequently Asked Questions What types of accounts are a good fit for this program?This program is ideal for property owners renovating commercial or residential buildings, including vacant structures, mixed-use developments, and older buildings undergoing upgrades. Is this coverage available on an admitted basis?No, the Building Renovation Property program is offered on a non-admitted basis through an A++ rated carrier. What underwriting information is needed for a quote?Submissions should include building details, renovation scope, construction timeline, occupancy plans, and any prior insurance history or loss runs. Can this program cover partially occupied buildings under renovation?Yes, partially occupied buildings undergoing renovation may be eligible, depending on the scope of work and occupancy details. In which states is this program available?The program is available in over 35 states, including CA, FL, NY, TX, and others. Contact BSR for full state availability. Need help placing an account? Connect with a market specialist.

Buildings with Renovations Insurance Allstar Financial Group...ilability Allstar’s Buildings with Renovations Insurance program is available ...

...undergoing phased or short-term renovations where a temporary vacant policy is...

...s limited on-site work or minor renovations underway. Ideal Accounts and Appe...sider risks with minor or cosmetic renovations. Major structural work, extensi...

...ant improvements, or structural renovations. Ideal Accounts and Appetite This... for new construction and $500 for renovations Named Insured can be either t...

...ew construction and remodels or renovations. Typical accounts include: Cust...owner-managed builds, and investor renovations. Can both builders and homeowne...

...istory • Homes undergoing major renovations or construction Example fits: you...onsider homes undergoing extensive renovations when underwriting guidelines ar...

...dergoing interior or structural renovations Ground-up construction projects ...es. Properties undergoing interior renovations or ground-up construction can b...

... for new construction, $500 for renovations We also address exposures many st...onstruction, including new builds, renovations, and coastal properties. We acc...

...ing those undergoing incidental renovations. We also offer Monoline General Li...s undergoing light, non-structural renovations. Is this coverage available for...