Wind Coverage for Texas Seacoast Tier 1 Counties Now Available

Apr 21, 2016

US Assure is excited to announce that we will soon offer two product enhancements under our Builders Risk Plan in many Texas coastal counties. Beginning May 1, you will have the option to quote and issue a builders risk policy with wind coverage or a named storm deductible endorsement for residential and commercial course of construction projects located in one of Texas’ seacoast tier 1 counties. Currently, these options are only available for commercial projects issued on our manual 40660 form.

The option to purchase wind will be available with any of our residential and commercial new construction, remodeling or installation builders risk policies. Named storm will be available for purchase with all builder risk policies except unsold dwelling, model home contents and trade-in. A three percent deductible will be applied to policies with wind coverage in a seacoast tier 1 county. Projects within 1,000 feet of tidal water will continue to be eligible with wind coverage excluded. 

For your reference, seacoast tier 1 counties include: Aransas, Brazoria, Calhoun, Cameron, Chambers, Galveston, Jefferson, Kenedy, Kleberg, Matagorda, Nueces, Refugio, San Patricio, and Willacy.

Other enhancements recently introduced in Texas include the ability to quote and issue commercial projects requiring wind coverage and valued up to $5 million online. Previously, commercial projects over $3 million transitioned to a high touch underwriting model and policy issuance process on our large commercial form (40660). This enhancement also provides you the ability to access, endorse and renew your client’s policies online.

We’re here to help. Should you have questions about these product enhancements, our dedicated team of more than 50+ specialists is available at (800) 800 – 3907.