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The product covers $100 million in capacity per construction project on a lead or follow basis.

What may seem like insignificant details can have profound ramifications if a claim occurs. Here’s how to avoid a major setback with a client’s policy.

“There is a growing focus on sustainability and green building practices in the construction industry, which can impact insurance requirements and the coverage needed,” says independent agent Jase Riggs.

US Assure expanded eligibility for XPressBIND, its online six-question application with no underwriting holds, from $500,000 to $1 million for new home construction projects.

An independent agent can provide the benefit of their knowledge and expertise to ensure their clients are adequately covered during a home renovation or remodeling.

From rising rates and inflation to catastrophes and labor shortages, independent agents can help clients balance the many factors impacting the builders risk market.

With more people being priced out of homeownership, build-to-rent is among the fastest-growing asset classes in commercial real estate.

While the construction industry is facing headwinds such as inflation, labor shortages and supply chain delays, there are some indicators that things might be getting better.

Most real estate projects require builders risk insurance, both during the course of new construction and when remodeling.

Whether you are securing coverage for personal lines or commercial lines clients, agents servicing course of construction accounts must grasp the importance of timing.