Builder's Risk
Offered by Safehold Special Risk
Hotels Apartments Hospitality Schools Family Dwelling New Construction Commercial Construction Residential Construction Wind Deductible Buy Backs CondominiumsDescription
Features
- Admitted and non-admitted coverage countrywide
- Comprehensive AAIS coverage forms
- All risk – subject to policy exclusions
- Flexible policy periods from 3-36 months
- Critical CAT capacity for earthquake, flood, and coastal windstorm
- Offered on a ground-up (100% written), primary, excess, and quota share basis
- Rehabilitation/renovation projects involving non-structural/minor structural work
- Delay in completion coverage available for soft costs/ additional construction expenses, rental income and business income
- Project-specific coverages, reporting forms, and installation floater coverages
- Dedicated team of experienced underwriters
- Quick turnaround
- Residential (1-4 family dwellings), including home builders reporting forms
- Apartments, condominiums, group homes, and assisted living facilities
- Commercial (offices, mercantile, and retail)
- Hospitality (hotels and motels)
- Institutional (schools, hospitals, municipal, and correctional facilities)
- $500 Minimum – varies, based on total insured value (TIV) and occupancy class
Capacity
- Up to $110,000,000 per risk (non-CAT) for project-specific risks – varies, based on construction type and occupancy class
- Up to $1,000,000 per dwelling/$10,000,000 per occurrence for reporting forms
Details
Appointment Required
Carrier Information
Admitted
Non-Admitted
Rating A- Rated, or higher
Rating By A.M. Best
Listing Contact
Builders Risk Safehold
Offered By
Downloadable Files
Availability 50 states + DC
Covered
Not Covered
