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... Programs offers a focused Hotel, Resort, and Casino Umbrella Program for full...s is this program available in?This umbrella program is available in all 50 st...
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https://completemarkets.com/company/distinguishedprogramsgroup/builders-risk-insurance/
Distinguished Programs makes it easy for agents and brokers to secure Builder's Risk Insurance coverage for both commercial and residential construction projects. Whether your client is starting a new build from the ground up or renovating an existing structure, this program provides the flexibility and coverage you need to protect construction investments until the project is complete. With options to easily transition insureds to their next policy post-construction, this program is designed to support your clients throughout the entire project lifecycle.
Policy terms are available for 6 or 12 months, and extensions are available when needed. The streamlined quoting and policy issuance process allows you to rate and issue policies quickly—often with just a few data points. Backed by an A-rated carrier and a specialized Builder’s Risk team, Distinguished Programs delivers top-tier underwriting expertise and service tailored to this niche.
Ideal Accounts and Project Types
This program is ideal for a wide range of construction-related risks, including:
New Construction – Residential or commercial ground-up builds
Remodeler’s Risks – Projects involving renovations, structural changes, or additions
Betterments Only – For condo owners or tenants making interior improvements or upgrades
You might have a client renovating a retail storefront or a small developer constructing a multi-unit residential property—both are great fits for this program.
Coverage Highlights and Advantages
Competitive pricing and attractive commissions
Low minimum premiums
No volume commitments required
Admitted in most states, backed by A.M. Best A-rated carriers
Dedicated Builder’s Risk underwriting team with deep expertise
Simple online quoting and instant policy issuance
Fast, cost-effective handling of smaller accounts
Responsive, professional claims service
Underwriting Notes and Minimum Premiums
Minimum premiums vary depending on project size and location, but the program is designed to be accessible for both small and mid-sized risks. The application process is streamlined, requiring only minimal data entry to receive a quote and issue a policy.
Territories and Availability
Distinguished Programs offers Builder’s Risk Insurance in most states, including but not limited to CA, FL, TX, NY, IL, and GA. Coverage is available on an admitted basis in many territories, delivering added confidence and compliance for your clients. See the full list of eligible states on the program profile page.
Why Work With Distinguished Programs?
As a leading program administrator with decades of experience in specialty property and casualty programs, Distinguished Programs brings unmatched expertise to Builder’s Risk coverage. Their dedicated team, efficient quoting tools, and strong carrier relationships help independent agents and brokers like you place quality business with confidence and ease—without production commitments or red tape.
Frequently Asked Questions
What types of accounts are a good fit for this Builder’s Risk program?This program is ideal for new construction projects, remodeling jobs, and betterments-only risks such as condo unit renovations.
Is the program available for both residential and commercial projects?Yes, the program covers both residential and commercial properties under construction or renovation.
How quickly can I get a quote and issue a policy?The online platform allows for fast quoting and policy issuance, often with just two screens of data entry.
Are there any volume requirements for agents?No, there are no volume commitments required to access this program.
In which states is this program available?The program is available in most states across the U.S., including CA, TX, NY, FL, and IL. Availability may vary by project type and carrier.
Need help placing an account? Connect with a market specialist.
https://completemarkets.com/company/distinguishedprogramsgroup/new-york-brick-brownstone-insurance-program/
Distinguished Programs offers a specialized New York Brick & Brownstone Insurance Program designed for residential and mixed-use property owners in key New York City boroughs. This program is ideal for insuring two- to 30-unit properties, including brownstones, condos, co-ops, row houses, and small apartment buildings. With an easy online submit-quote-bind process, this program provides a seamless experience for agents looking to place urban real estate risks.
Ideal Accounts and Appetite
Brownstones, row houses, condos, co-ops, and apartment buildings
Properties with 1–30 units, including mixed-use buildings with at least 50% residential occupancy
Located in Manhattan, Brooklyn, or Queens
Constructed with joisted masonry or better
Total Insured Values (TIV) up to $6 million for JMS (joisted masonry structures)
This program is a strong fit for city-based residential buildings that require tailored coverage solutions. For example, if you have a client with a four-unit brownstone in Brooklyn with a ground-floor retail tenant, or a small co-op building in Queens, this program offers the flexibility and protection they need.
Coverage Highlights and Advantages
Admitted paper through an A.M. Best A+ rated carrier
Special Form – Cause of Loss
Replacement Cost and Agreed Amount options for Building Coverage
Equipment Breakdown coverage, including miscellaneous electrical apparatus
Ordinance or Law Coverage: A up to building limit; B and C at 25% of building value or a minimum of $150,000
Terrorism coverage included
Business Income including rental value with extra expense
Employee Theft coverage
Back-up of Sewers and Drains up to the policy limit
Deductible options ranging from $1,000 to $10,000
Competitive pricing with value-added risk management services
Underwriting Notes and Minimum Premiums
Properties must meet construction standards of joisted masonry or better and be located within the designated NYC boroughs of Manhattan, Brooklyn, or Queens. Mixed-use is acceptable provided at least 50% is residential. The program supports up to 30-unit buildings with TIVs up to $6 million. Minimum premiums vary depending on property details and location.
Territories and Availability
This program specifically targets New York City properties in Manhattan, Brooklyn, and Queens. However, Distinguished Programs writes in most U.S. states, offering a broad footprint and urban expertise across the country.
Why Work With Distinguished Programs?
As a leading Managing General Agency (MGA), Distinguished Programs brings deep knowledge of urban real estate risks and a strong track record of delivering tailored insurance solutions. With access to top-rated carriers and a streamlined digital submission process, agents can efficiently place complex residential and mixed-use property accounts. Risk management services and competitive pricing further enhance the value proposition for your clients.
Frequently Asked Questions
What types of accounts are a good fit for this program?This program is ideal for brownstones, co-ops, condos, row houses, and small apartment buildings with 1 to 30 units located in Manhattan, Brooklyn, or Queens.
Can mixed-use buildings be covered?Yes, as long as at least 50% of the building is residential, mixed-use properties are eligible.
What is the maximum insured value allowed?The program supports Total Insured Values (TIV) up to $6 million for joisted masonry structures.
Is terrorism coverage included?Yes, terrorism coverage is included in the standard policy offering.
What carrier backs this program?The program is written on admitted paper backed by an A.M. Best A+ rated carrier.
Need help placing an account? Connect with a market specialist.
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Architects & Engineers Liability Program from Continental Risk / Con...gram includes Contractors Pollution Liability and offers endorsements such as ...