Builder’s Risk / COC

Builder’s Renovation Highlights:

• Structural renovations for residential buildings up to 35,000 square feet
• Project costs up to 150% of existing dwelling value
• Standard ISO policy forms
• Commercial credits up to 30% and residential credits up to 40% (May vary by state)
• TIV up to $2,000,000
• Existing building value of $1,500,000 with a 3 story maximum
• Policy form options are DP1, DP3, Special & Basic for 3, 6, 9, or 12 month policies
• DP3 available if built or updated within 25 years
• Full theft coverage available for DP3
• Automatic Property coverage for Other Structures and Personal Property of up to 20% of Coverage A
• Premises Liability up to $1,000,000 & Commercial GL up to $1,000,000 / $2,000,000 (Liability available if acting as licensed General Contractor)
• Vandalism and Malicious Mischief coverage available
• Protection classes 1 through 8 are approved, 9 and 10 on a referral basis
• Policy can be extended to 18 months
• Modular homes accepted
• Exceptional claims service from a well respected and experienced claims team

Course Of Construction Highlights:

• 10 years of experience in internet binding using our groundbreaking online underwriting platform
• Full-fledged marketing and sales partnership from AUGold’s US service center, dedicated to your needs
• Exceptional claims service from a well respected and experienced claims team
• Single Projects with completed values up to $2,000,000
• Residential and Commercial new construction up to 3 stories and 20,000 square feet
• Policy forms available are on a Basic or Special form with ACV & RCV options
• Premises Liability as low as $100,00 / $200,000 and up to $1,000,000 / $2,000,000
• Soft Costs, Property in Transit & Off Site additional coverage included
• Protection classes 1 through 8 permitted, 9 & 10 on a referral basis
• Length of policy options include 3, 6, 9 and 12 months
• Vandalism & Malicious Mischief coverage available
• Theft sublimit for building materials available
• Contractor required to maintain CGL insurance with a minimum of $1,000,000 per occurrence

 
Please contact us at: 800-488-4096 or email Homeowner@kinginsuranceca.com