COURSE OF CONSTRUCTION

We have a market that offers the following features on their Builders Risk Form:

Theft of materials on site covered with no dollar limitation

  • Watchman is not normally warranted
  • Includes materials up to $50,000 of sub-contractors at election of insured
  • Loss of rents or interest expense available
  • No collapse exclusion
  • No exclusion of "damage caused by" faulty design, materials or workmanship
  • Partial occupancy permitted
  • Broad form includes $50,000 transit and offsite storage
  • No exclusion of settling, cracking, shrinking or expanding (would be excluded if caused by flood waters)
  • No testing exclusion
  • Rehabs and incomplete projects OK
  • Pro-rata extensions available
  • Up to $15,000,000 limit
  • Protection class 8/9/10 can be written