Building Success in the Bay State: The Power of Builder’s Risk Insurance in Massachusetts

In the bustling heart of Massachusetts’ construction landscape, Builder’s Risk Insurance emerges as the silent guardian of every project, ensuring that risks are managed, and investments are secure. As the Bay State continues to witness a dynamic construction industry, with projects ranging from building restorations in Boston to innovative developments in Cambridge, understanding the nuances of Builder’s Risk Insurance becomes of the utmost importance for stakeholders. In this unique and often unpredictable environment, Builder’s Risk Insurance in Massachusetts serves as a financial safety net, offering peace of mind for your clients.

In this article, we’ll guide you through Distinguished’s Builder’s Risk program and how you can offer your clients comprehensive coverage supported by several unique features.

We Insure Commercial and Habitational Risks

Distinguished writes Builder’s Risk insurance for both the commercial and habitational markets. We offer coverage for ground-up new construction, remodelers, and betterments-only projects. Policy terms of three, six, nine, and 12 months are available, with the option to extend the policy term for qualifying risks.

We write the following construction types for new construction and remodels:

  • Frame with TIV limits up to $7.5 million
  • Joist and masonry with TIV limits up to $15 million
  • Fire resistive or masonry noncombustible with TIV limits up to $25 million

TIV limits for betterments only are available up to $5 million.

Liability Insurance Available

Distinguished is in a unique position in that we offer Liability insurance as part of our Builder’s Risk program. Liability coverage is available for named insureds who are the owner, trust, or lender – not the general contractor or developer. Liability limits start at $100,000, and we can write up to $1 million/$2 million in coverage.

We Will Consider Providing Coverage for Prior-Starts Projects

We will look at prior starts that require coverage. The project must be in its initial stage and will be reviewed on a case-by-case basis depending on the completed work; for example, if only after the foundation is in. A client on an all-cash project may not have purchased insurance and is now seeking coverage. Or perhaps the client believed their Homeowners policy would provide coverage for the new build or remodel and was later informed this was not the case. We will consider providing a Builder’s Risk policy if the project meets our time frame and other requirements.

Provide Coverage on the Front and Back End of Construction on Remodels

With Distinguished, Vacant Building coverage is built into our program for Remodelers Builder’s Risk insurance. If a project is delayed after the policy’s effective date, the vacant building will be covered for up to 45 days. Conversely, upon completion of the remodel, if the property remains vacant prior to sale or occupancy, there is Vacant Building coverage.

Why Partner with Us for Builder’s Risk in Massachusetts

When it comes to Massachusetts Builder’s Risk Insurance, choosing Distinguished is a decision rooted in expertise, reliability, and unwavering commitment. With a deep understanding of the unique challenges and opportunities within the state’s construction industry, our team provides tailored solutions that go beyond standard coverage to meet your client’s needs. We are the trusted partner that shares your vision for success, delivering maximum protection.

It’s important to note that we do not write coastal property in Massachusetts. In addition, our program is not available for properties on the National Register of Historic Places. However, if it’s not a listed historic building, we can write the property.

Submit Builder’s Risk Business Online

You can submit your business through our online submission portal. Simply register your brokerage, go to our Broker Portal, and spend a couple of minutes adding in the insured’s details, and we’ll get back to you with a quote. If your clients like what they see, you can bind the policy right there through the same online portal.


About Distinguished Programs

Distinguished Programs is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents with specific expertise in Fine Art and Collectibles, Environmental and Construction Professional, Executive Lines, Inland Marine, Real Estate & Builder’s Risk, Community Associations, Hotels, and Restaurants. Property and Liability products are distributed through a national network of agents and brokers. Serving the same core markets and partnering with the most stable and reputable carriers, Distinguished’s high-limit Umbrella programs remain the clear choice in its area of specialty for superior coverage, competitive pricing, and attentive service. Through thoughtful innovation, stemming back to 1995, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees.

View a full list of our programs and submit business with Distinguished.

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