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| Residential
Builder's Risk | Commercial Builder's
Risk | Quote Worksheet
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RESIDENTIAL
BUILDER'S RISK
Basic
Eligibility:
The Residential Builder's Risk policy is available
for builders who:
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Are engaged in the construction of 1 to 4 family
dwellings.
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Have a minimum of 3 new starts per year.
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Have been in business for a minimum of two years,
unless otherwise qualified.
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Derive at least 50% of income from involvement
in residential construction.
Policy Form:
Special Form builder's risk, including off premises, transit
and theft of building materials written on a monthly reporting form.
COMMERCIAL
BUILDER'S RISK
Basic
Eligibility:
The Commercial Builder's Risk policy is available
for contractors and/or owners who are engaged in new construction
and/or renovation of structures.
Structures may be:
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Habitational - over 4 units per building
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Commercial - office buildings, warehouses, stores,
water plants, etc.
Policy Form:
Special Risk Form Builder's Risk, including off premises, transit
and theft of building materials. Reporting and non-reporting forms
are available. Most single structure projects will be eligible for
non-reporting form only.
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