How to Add More Builders Risk Insurance to Your Book
The 2021 builders risk insurance market continues to grow. Increased renovations and new construction combined with a housing and supply deficit has created a profitable opportunity for agents selling personal and commercial lines insurance.
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Check out these three tips for insuring frame construction so you can confidently sell to and service construction clients.
Through US Assure, you have access to policies that often complement the needs of your builders risk insurance clients. Check out these instructions to service them in the most efficient way.
Do you know the differences between a named insured, additional name insured and additional insured?
When a covered cause of loss occurs, the claims payment check will be issued to all named and additional insureds, as well as lenders, and each will be required to sign it in order to receive funds.
Check out these definitions to ensure you understand the full impact of each insured type.