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Builders' Risk Insurance
Builder’s risk insurance is a special type of property insurance that covers buildings under construction. This policy protects the insured against damage or loss during renovation or construction.
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KEY FEATURES OF BUILDER’S RISK POLICY AT MODAB INSURANCE SERVICES
Our team of experts can help you craft a project-specific builder’s risk insurance policy to suit your unique needs. We offer:
- Special or All-Risk policies- that provide coverage against all perils, except those explicitly excluded
- Specified Peril policies- that covers you only against events named in the policy
- Policy term equal to project life- for project-specific policies
- Flexible premiums- based on the type of construction project
Are you looking for a customized Builder’s Risk insurance policy for your construction projects? Then, contact our experts at Modab Insurance Services today! We can help you protect your building under construction all over the United States.
Other products and services:
We offer project-specific Wrap-Up insurance policies all across the United States, custom-tailored to suit your project’s specific needs. Contact us today to get started on your customized policy.
An OCIP insurance policy is an owner-sponsored CIP, wherein the owner pays the premium and manages the program’s key elements.
CIP/Wrap-Up insurance is a consolidated insurance program that provides blanket coverage to all enlisted contractors and subcontractors working on a particular project.
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Property and Casualty Insurance, Personal and Business
California
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