Description

Victor offers a state-of-the-art builders risk solution.

Using , insurance agents and brokers can quote, bind and issue a Builders Risk policy in minutes.

 

Program Highlights:

  • Available nationwide (excluding AK and HI)
  • Minimum premium: $400
  • Admitted with A++ rated carrier
  • Billing options: Broker bill or direct bill

Limits:

  • $8M limit for frame and joisted masonry construction
  • $15M limit for non-combustible, masonry non-combustible, and fire resistive construction

Target Markets:

  • Residential construction
  • Commercial construction (office buildings, warehouses, municipal buildings, restaurants, shopping center complexes, and more)
  • Residential and commercial remodeling
  • Installation floaters.

Coverage includes:

  • Collapse
  • Scaffolding, Construction forms and temporary structures
  • Debris removal
  • Discharge from sewer, drain or sump
  • Fire Department service charge
  • Valuable papers and records
  • Pollutant clean up and removal
  • Ordinance of law – direct damage
  • Preservation of property
  • Reward payments
  • Property at a temporary storage location
  • Property in transit
  • Expediting expense
  • Limited coverage for ‘fungi’, wet rot and dry rot
  • Soft costs
  • Green building recertification
  • Contract penalties
  • Claim preparation expense
  • Blueprint and construction documents
  • Fraud and deceit

 

Coverages Offered

Package (All Lines Of Coverage)

Binding Authority

Availability

Applications and Informational PDFs

Request A Quote

Contact Victor Insurance Managers LLC