Fast and Easy Residential Builders Risk Insurance
Got the need for speed? Skyrocket your account with XPressBIND® from the US Assure Builders Risk Plan insured by Zurich. It’s the fastest and easiest way to obtain residential builders risk insurance countrywide for new home construction projects valued up to $500,000. With the ability to quote and issue online with no underwriting holds, you’ll be delivering policies in no time!
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How XPressBIND works:
You'll answer just six questions, along with the risk address. If your responses meet the requirements, you’ll get a formal quote in record time. No additional underwriting information or holds will be required.
1. Is this a single-family dwelling with a total completed value of $500,000 or less?
2. Does the contractor have at least two years of project-related experience?
3. Is the home more than 30 percent complete?
4. Is this a modular home?
5. Is the protection class 9, 10 or ending in X?
6. Effective date (text field)
All that’s left is to enter basic client information, validate your license, select the billing option, and 3, 2, 1…liftoff. The policy is ready for delivery, and the premium invoice will be direct billed to your client.
Eligible project examples: Residential one to four family new construction, from custom and tract homes to detached garages, work sheds and duplexes
Availability: Countrywide, including coastal territories
Need builders risk coverage for a different project type or value? Learn about other quote and policy issuance options for a broad range of commercial and residential new construction, remodeling and installation projects valued up to $75 million.