Builders Risk News Roundup: February 2022
For this month's edition of our Product News Roundup, check out the three remodeling topics we’re featuring to help you sell and service construction clients with confidence.
- New Construction vs. Remodeling
New construction is defined as construction from the ground up. Projects are considered remodeling when there is already a completed structure in place.
More Details >
- Insuring Existing Structures
The existing structure and remodeling work can both be insured on our builders risk policy, in many cases. Zurich values the existing structure at actual cash value; renovations are valued at replacement cost.Product Info >
- Policy Extensions
Remodeling policy options include six, nine or 12-month terms. Coverage can be extended with underwriter approval. Submit your request to email@example.com prior to the policy expiration date for consideration.
Related FAQs >
Not registered to do business with us? Sign up for instant access to an “A” rated carrier with no volume commitment!
See you next month when we deliver with another roundup of product news. Until then, you can leverage our resource center to boost your knowledge even more.
More NewsView more
Check out these three builders risk policy tips. Then, sign up today for instant access to our “A” rated product in your state with no volume commitment.
Explore US Assure’s newly renovated website and provide us with your feedback.
Check out these three optional coverage descriptions. Then, sign up today for instant access to our “A” rated product in your state with no volume commitment.
Coming January 2023, we’re taking the good bones of usassure.com and flipping the rest to give you a place you'll love to visit even more.