A Builders Risk Policy is designed to cover residential dwellings and commercial buildings under construction from the start of the project until its completion. With the increase of new construction in the tri-state area, Builders Risk Policies are in demand more than ever.
Builders Risk Policies can be written on common building types including residential homes, retail buildings, warehouses, offices, churches, schools, and municipalities. Builders Risk can also be written on unique exposures such as piers, docks, wharves, dams, tunnels, bridges, and towers. Although there are numerous rating variables to determine premiums, type of construction, length of project, completion value, and deductibles play major roles in determining annual premiums.
Suburban General Insurance Agency has numerous markets offering competitive pricing and policy terms on all types of Builders Risk Policies. These markets include, but are not limited to:
If you are interesting in obtaining a quote on a Builders Risk Policy, please click on the link below. In most situations, a Builders Risk Policy can be quoted and issued within 24 hours.