Builders Risk Personal
As specialists in insuring high-value homes, coastal dwellings and hard-to-place properties with our Homeowners and Dwelling Fire Rental programs, MGA and Surplus Lines Broker Snyder Specialty, LLC also provides Builder’s Risk insurance for residential properties under construction or undergoing renovation. Whether it’s a new build or a home undergoing millions of dollars in renovation, we can help you secure coverage for your client to protect against physical loss and damage during the course of construction from fire, wind, theft, vandalism and other perils.
- Special Form
- Buildings or structures in the course of construction
- Scaffolding, fencing, and temporary structures
- Uninstalled Building Materials
- Property in transit
- Soft costs
- No Labor Law exclusion (NY)
- General Liability available up to $1MM
We also allow Condominiums rented to others on a full-time or part-time basis and condominium units under renovation under our Builder’s Risk residential programs.
Annual policy term residential Builder’s Risk policies are only subject to a 25% minimum earned.