Berkshire Hathaway Specialty Insurance - Builders Risk policy form
If you have any questions about our policy form, please email buildersrisk.us@victorinsurance.com.
Agent/broker resources
Availability: Available nationwide*
Minimum premium: $400
Coverage: Admitted with an A++ rated carrier
Billing options: Broker bill or direct bill
Target markets: Residential construction, commercial construction (office buildings, warehouses, municipal buildings, restaurants, shopping center complexes etc.), residential/commercial remodeling, installation floaters.
Policy features:
- $5M limit for frame, joisted masonry and non-combustible
- $10M limit for masonry non-combustible and fire resistive
- Claim preparation expenses
- Blueprint and construction documents
- Fraud and deceit
- Equipment breakdown
- Theft of building materials
- Green building recertification ($10,000 limit)
- Contract penalties ($10,000 limit)
- Interest of subcontractors
- Pollutant cleanup/removal
- Ordinance or law ($1,000,000 limit)
- Soft costs
- Expediting expenses
- Property in transit ($500,000 limit)
- Property at temporary storage ($500,000 limit)
- Business income and extra expenses
- Permission to occupy
- Ability to include profit coverage
- Underwriting guidelines and rates developed for each state and county
*not available in AK and HI
- Builders Risk program FAQs
- Builders Risk coverage FAQs
- Understanding soft costs - are your clients covered?
- Are your clients' construction projects adequately insured against inflation?
Victor Risk Advisory
To help you and your clients understand and overcome risks, Victor Risk Advisory offers rock-solid industry insights, risk mitigation resources and much more.
Our vast collection of builders risk webinars focus on industry updates, emerging risks, and provide vital tips and guidance on how to ensure your clients stay protected.
Contact the builders risk team directly at buildersrisk.us@victorinsurance.com or connect with your business development contact.
Policyholder resources
Berkshire Hathaway Specialty Insurance
In the event of a claim, please notify via:
- By 24-hour toll free number: 855-453-9675
- By email: claimsnotice@bhspecialty.com
- By fax: 617-507-8259
- By mail: Visit www.bhspecialty.com/claims for mailing address
The world is changing at an unprecedented pace. And complex new risks are emerging every year.
To help you understand and overcome these challenges, Victor Risk Advisory offers rock-solid industry insights, risk mitigation resources and much more.
Discover our other solutions
Our wide range of solutions provides protection on more fronts. No matter how complex, no matter the scale, we strive to leave no stone unturned in covering our clients.
