Play Ball with Mavon to Cover Clients with Builder’s Risk Exposures

Mavon can provide you with builder’s risk insurance for clients that have an insurable interest in new construction or renovations. Our markets offer broad terms at competitive pricing. Whether it’s a commercial or residential project, we can provide cover to protect contractors and developers from property losses and the resulting financial costs that stack up due to delays caused by an insured loss.

Inside Builder’s Risk Insurance

Working with your agency, we can tailor a builder’s risk policy to provide protection for the following:

  • Fire and other risks to the structure itself while construction is underway
  • Theft of building materials on the job site either installed or waiting to be installed, from the time they are delivered to the site
  • Loss of or damage to materials while in transit or at temporary locations
  • Losses due to ordinances or laws
  • Flood
  • Windstorm
  • Delay-driven penalties assessed by lenders or extra taxes

 

We also provide options for other coverage based on the client’s equipment at the site, issues that could pose a potential pitfall, and preferences for running their operation, including:

  • Scaffolding
  • Frame construction
  • Pollution cleanup
  • Debris removal
  • Valuable papers
  • Permission for partial occupancy
  • Change-order enhancements
  • Inflation protection

Have Any Questions?

Please call our Marketing Department at 630-242-3124 to find out more about the commercial lines insurance solutions we offer and how we can work with you to help you expand your agency’s business.

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