Residential Builders Risk

Great American - Residential Construction Group Web site

Application form:

• GREAT AMERICAN RESIDENTIAL BUILDERS RISK / AUDITABLE AND REPORTABLE

Basic Coverages

• Residential Builders’ Risk covers your property and property that you are responsible for, including materials that are supplied by the owner or that will be permanently installed in the dwelling.
• Residential Builders’ Risk provides coverage for building materials, scaffolding and construction forms while stored on the job site.
• Residential Builders’ Risk provides a specific limit for materials stored temporarily at an off site location. Higher limits may be purchased.
• Residential Builders’ Risk also covers property in transit, removal expenses, fire department service charges and outdoor trees, shrubs and plants.
• Residential Builders’ Risk policy automatically includes profit, with an option to exclude if desired.

Optional Coverages

• Trade-In Homes
• Homes in Inventory
• Model Homes and Contents
• Construction Trailers
• Furniture and Appliances
• Change Order Coverage
• Permission to Occupy
• Inflation Protection
• Extra Expense
• Plans and Records
• Flood at eligible locations
• Earthquake at eligible locations
• Renovations Builders’ Risk

Policy Options

• Monthly Reporting: Per Start or Completed Value
• Specific Locations (One Shots): Up to Three Locations
• Annual auditable policy based on gross receipts or total completed value