Builders Risk News Roundup: March 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.
- CLT Mass Timber Rate Reduced
Clients now receive a lower mass timber rate for cross-laminated timber on commercial projects valued over $10 million.
Commercial Info > - Reinstatement Timeline Extended
After a policy enters cancellation status, you now have up to 72 hours (extended from 48 hours) to return a no loss letter for reinstatement.
Payment Info > - Coastal Eligibility Maps
You can quickly identify eligible territories with our new barrier island and coastal region maps.
Get Maps >
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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!
More News
View moreCheck out these three tips that will prepare you for a smooth claims process should a loss occur.
Once reinstatement has been reviewed by our Billing team, here are three must-dos to accurately submit a No Loss Letter for policy reinstatement and to avoid further delays.
A hurricane ripped off the roof of a new home under construction, causing major water damage. What happened next?