Select an option

Need Help?

Get a Quote for a Program

Remodelers Risk.

Coverage for buildings and improvements during remodeling.

The Remodelers Risk Program is for clients who want to cover both the existing structure and the improvements to a residential or commercial property during a renovation. The program can protect property owners, contractors, receivers and others with a legal or financial obligation to insure the risk. Values can be up to $5 million.

Key advantages

  • Quick turnaround with only two short screens of data entry
  • A+ rated admitted carrier
  • Competitive pricing and commission
  • Superior claim service
  • No volume commitments
  • Backed by a specialized builders risk group, delivering the highest level of expertise and service

Eligibility

  • Commercial and residential properties with values up to $5 million
  • Properties that were in the course of construction in the past and work has been resumed

Coverage & Limits

  • Existing structure and betterments
  • Materials intended for installation at the job site
  • Scaffolding
  • Temporary structures
  • Other structures being built on the site
  • Coverage extensions
  • Fraud and deceit - (if the insured is conned into parting with covered property) up to $50,000
  • Limited fungus - arising out of a covered peril, up to $15,000
  • Soft costs - covering non-materials or labor expenses that occur as a result of a covered loss, including such things as financing, fees, taxes, etc.
  • General Liability avaliable for building owner, provided that the owner is not the contractor/GC. General Liability not avaliable in NY, DE, KY, FL. Up to $1M / $2M limits.

Supplemental coverage

  • Expediting expenses - covers additional expenses incurred to meet a contractual time frame, up to $10,000
  • Expenses to re-erect scaffolding - up to $15,000
  • Ordinance or law - covers additional expenses associated with complying with a law change when rebuilding after a covered loss, up to $500,000
  • Blueprints and construction documents - pays to replace or restore if lost due to arson, theft or vandalism, up to $20,000
  • Reward program - up to $10,000
  • Sewer back up - up to $10,000
  • Temporary storage location at $25,000 - with higher limits available
  • In-transit at $15,000 - higher limits available
  • Trees, plants and shrubs being planted or installed

The coverage information outlined herein is a guideline. Please refer to the actual policies for full terms, conditions, exclusions, and limitations. In the event of a conflict between this document and the actual policies, the policies will control.

Talk to an Expert.

Ready to learn more about our Programs? Talk to an expert. Just tell us what state you reside in.