Post Topic
Construction Insurance
Does Builder’s Risk Coverage Differ for Residential vs. Commercial Construction Projects?
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Builder’s Risk insurance is critical for residential and commercial construction projects, as it covers the property during construction or renovation. While Builder’s Risk policies for both types of projects offer similar coverage, such as insuring for…
Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Builder’s Risk Insurance covers property during the course of construction, whether it’s a new build or renovation. One common question is whether the contractor and the property owner can be named insureds on the same Builder’s…
Builder’s Risk Insurance in Tennessee: A Broker’s Guide
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. The state of Tennessee has become attractive to new residents for its lower cost of living, access to nature, and accessibility to affordable housing. Its popularity has led to an increase in demand for construction of…
Builder’s Risk Insurance Declinations: An Interview With Susan DeCarlo
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. We sat down with Distinguished’s Builder’s Risk insurance expert, Susan DeCarlo, to discuss common factors that can lead to declinations in our program, how to avoid them, and key risk considerations. Backed by our specialized Builder’s…
Builder’s Risk Insurance in Alabama: A Broker’s Guide
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. In a state known for its unpredictable weather and economic resilience, Alabama’s construction projects face unique challenges. From hurricanes on the Gulf Coast to rapid urban development in cities like Birmingham and Huntsville, the need for…
Builder’s Risk Insurance in Michigan: Online Quotes, Coverages, and Costs
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Construction is on everyone’s mind in Michigan right now. Whether it’s the work going into revitalizing downtown Detroit or the soaring costs of home prices across the Wolverine State, a lot of time, money, and thought…
Builder’s Risk Insurance in Georgia: Coverages, Costs, and More
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. From Atlanta’s bustling skyline to charming coastal communities like Savannah, Georgia’s construction sector is thriving. However, with growth comes risk, and that’s where Builder’s Risk insurance plays a critical role. Whether your clients are embarking on…
What Are Soft Costs in Builder’s Risk Insurance?
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Buildings under construction or renovation require a Builder’s Risk policy. This specialized type of Property insurance protects an individual’s or organization’s insurable interest in the cost of constructing the building against physical damage or loss from…
Builder’s Risk Insurance for Homeowners: A Comprehensive Guide
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Imagine a homeowner investing their life savings into their dream home renovation, only to watch it go up in flames before completion. It’s a devastating reality for far too many. From 2017 to 2021, local fire…
Can a Building Be Occupied During Construction?
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Although home renovations have dropped in 2024 compared to last year, renovation spending is on track to reach $450 billion this year. Some of these renovations are small-budget remodeling projects, while others involve full-blown structural changes….