Spotlight: Builder's Risk

When your client is embarking on a new build, renovation, or expansion construction project, protecting their investment is crucial. Builder's Risk, also referred to as Course of Construction, is a specialized policy designed to cover the property and materials during construction. Without protection during your client's project, unexpected events like severe weather, theft, or accidents can lead to costly setbacks. With a Builder's Risk policy, your client's can rest easy that if disaster strikes, the financial burden is minimized, keeping their construction project on track.

Coverage Details:

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• Minimum as low as $200,000 in most states

• Able to be written on a HO3 form

• X-Wind Builder's Risk available

• Available liability of up to $500,000

• Named Storm and Wind & Hail deductible options

• Theft of building materials coverage available

To learn more, about Orchid's Builder's Risk product, click here. If you have any questions, please contact your designated Agency Development Manager.