Post Topic
Builder’s Risk Insurance
Mastering Builder’s Risk Insurance in New Jersey: A Roadmap for Insurance Brokers
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Remodeling and construction projects are no small feat. They involve intricate planning, skilled labor, and significant financial investments. But what happens when unexpected events, like fire, theft, or vandalism, threaten to jeopardize all the hard work…
Coastal Builder’s Risk: Cost, Coverages, and What You Need to Know
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. As extreme weather events increase and contractors continue to build along the coast, Coastal Builder’s Risk insurance is critical to protect the investment. In this article, we explore the importance of Coastal Builder’s Risk insurance and…
Builder’s Risk Insurance: A Broker’s Blueprint to Protecting Construction Projects
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Improve your knowledge of Builder’s Risk insurance with industry experts from Distinguished by watching our webinar recording. Discover how to calculate coverage, gain underwriter recommendations, distinguish Builder’s Risk from other policies, and explore coastal coverage options….
Builder’s Risk Insurance: Are Your Insured’s Betterments-Only Project Correctly Valued?
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Owners and tenants often make improvements to their homes for various reasons, including remodeling kitchens, upgrading bathrooms, replacing old fixtures, and carpets. While construction is underway to make such improvements, proper coverage must be in place….
Impact of Modern Building Codes, Hurricane Preparedness on Coastal Builder’s Risk Properties
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Hurricane Ian, which swept through parts of Florida, is another reminder of the devastation severe weather events cause in human loss and property damage. While areas in the Sunshine State were decimated, others were spared or…
How to Close a Construction Site During the Holidays
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. The holiday season is around the corner and that means many construction sites will be shutting down for a while. While many workers and contractors will be welcoming a much-deserved break — there a few things…
When Should a Builder’s Risk Policy Be Purchased?
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. This is an excerpt from our free “Broker’s Guide to Builder’s Risk Insurance” eBook. Click here to download your copy. A Builder’s Risk policy should be purchased prior to or on the date of construction when the…
How Much Does Builder’s Risk Insurance Cost and Who Pays for It?
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. The bottom line for most insurance packages is cost: how much will it cost your customer in dollars, and how much will it cost you in patience to explain the size of their premiums? We joke,…
What Does Builder’s Risk Insurance Cover?
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Builder’s Risk insurance policies are not created equal, with a wide variance in the scope of coverage available in policies on the market today. It’s important to ensure that each of the insureds covered in the…
When Do I Need Vacant Building Insurance?
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Homes become vacant for a number of reasons. A house may be up for sale and the sellers have already moved, or the home is an investment property and it’s taking longer to find tenants. Standard…