Builders Risk News Roundup: August 2021
For this month's edition of our Product News Roundup, check out these three builders risk insurance highlights to help you sell and service course of construction clients with confidence.
- Premises Liability Offered
Need slip-and-fall coverage for properties under construction? With a minimum premium starting at $100, you can secure a standalone “A” rated premises liability policy in the name of the legal property owner.
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- New Application Tips
Use the pointers outlined in this new resource when you complete a builders risk application. Whether the project is residential or commercial or in the name of the contractor or owner, you’ll find general guidance for every account.
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- Housing Market Update
A boom in home construction offers more opportunities for insurance professionals. But, what does this mean for those insuring it, how long will it last, and are clients effected? Find out when you watch our A.M. Best TV interview.
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Check in again next month when we deliver another roundup of product news. Until then, you can find out what other insurance professionals say about the Builders Risk Plan insured by Zurich or leverage our resource center to ramp up your expertise even more!
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Effective May 13, 2023, the 12-month policy term for remodeling policies with existing structure included and valued under $50,000 will no longer be available.