Description

Flexible Property Coverage

Builders face significant risks from fire, weather-related damage, equipment breakdown, theft, and other construction exposures. The financial resources invested in residential, commercial, hospitality, and institutional projects can easily top millions. The Safehold Builder’s Risk Program is designed to help builders protect against financial losses due to industry risks. Whether you’re building single-family residential houses or multimillion-dollar office buildings, this program covers property damage that occurs from ground-breaking through certificate of occupancy. We create risk management programs that meet the unique needs of the construction industry.

 

Key Advantages

  • Comprehensive American Association of Insurance Services (AAIS) coverage forms
  • Offered on a ground-up (100% written), primary, and quota share basis
  • Delay in completion coverage available for soft costs and rental and business income
  • Project-specific coverages

As an industry leader, Safehold provides coverage for highly complex property risks and large-scale projects, including those requiring multiple carriers and layered coverage. Our program offers low minimum premiums, flexible policy periods of three to 36 months, and highly competitive pricing. Our systems allow our teams to quote, bind, and issue a policy quickly and accurately and our service team provides fast, efficient claims handling. When working with Safehold you receive personalized service from knowledgeable professionals with decades of insurance expertise in the construction industry.

Please submit loss run requests to brlossruns@safehold.com.

Coverages Offered

Temporary storage

Transit

Pollution cleanup

Trees, shrubs, and plants

Fire department services

Debris removal

Permanent fencing and foundations

Installed equipment

Installation floater

Wind, earthquake, and flood

Vandalism

Theft

Fire

Binding Authority

Availability

Applications and Informational PDFs

Request A Quote

Contact IGP Specialty