Builder’s Renovation

Builder’s renovation insurance is a type of insurance that protects your building and liability for the duration of the project. Homeowners are often required to insure their renovation project with this type of policy. Our solutions cover a range of personal construction projects from new home construction, adding an additional storey or any other major renovation project.

Excess solutions are perfect for commercial and residential properties up to 3 storeys and 10,000 square feet, new ground-up construction, and commercial renovations.

Additional Information & Appetite Guide

What Excess Covers:

  • Commercial property up to $2,000,000 ($500,000 unprotected), higher limits may be available
  • Commercial general liability up to $2,000,000
  • Residential property up to $2,000,000
  • Premises liability up to $2,000,000
  • 3, 6, 9, or 12 month policies – policy can be extended to 18 months
  • Project costs up to 150% of existing property value
  • Theft of building materials sublimit available
  • Sewer backup sublimit options available
  • Earthquake available
  • Other structures and personal property coverage up to 20% of building limit
  • Vandalism and malicious mischief coverage available
  • Competitive commissions with flexible pricing
  • Eligible Risks include
    • Remodeling
    • Projects already started
    • Risks with more than 2 mortgages
    • Unprotected risks

Our Team