Builder’s Risk

Whether your insured is building a new home, developing a site or renovating an existing structure. You need to make sure their project is covered. Builder’s Risk insurance is designed to protect your clients interest in materials and equipment needed for the job from physical loss or damage.

A Builder’s Risk policy covers the structure, machinery, equipment, materials and supplies, but will not cover injury or accidents on the job site. Builder’s Risk policies may be written on an inland marine coverage form instead of a commercial property insurance form because there is no standard builders risk coverage form. The limit of coverage allowed is the value of the completed project.

All of JenCap’s companies can provide you with the best possible Builder’s Risk coverage that your clients need to ensure the success of their project.

We offer this coverage for the following industries and classes:

Construction & Contractors

  • General Contractors
  • Specialty & Trade Contractors
  • Builders & Developers
  • Building Owners

This product offers the following features:

Coverage Highlights

  • Special Form Coverage – Construction Risk Policy Form
  • Policy limits written on a completed project value basis, up to $75MM for superior construction
  • Testing/Mechanical Breakdown Limit INCLUDED up to Policy Limit
  • Higher limits and policy terms available on select accounts

Thrift Store, Shelter, and Transitional Housing

  • Located in Washington
  • Package & Umbrella
  • Premium of $91,000

Credit Monitoring Firm

  • Located in New York
  • Technology & Cyber Liability
  • Premium of $23,571

General Contractor

  • Located in New Jersey
  • General Liability
  • Premium of $59,908

Beverage Manufacturer

  • Located in Georgia
  • General Liability
  • Premium of $33,571

Tract Home Builder

  • Located in Pennsylvania
  • General Liability
  • Premium of $13,708

Boys & Girls Club

  • Located in California
  • Package & Umbrella
  • Premium of $38,438

This product is available in available in: