Berkshire Hathaway Specialty Insurance - Builders Risk policy form specimen
If you have any questions about the policy form, please email buildersrisk.us@victorinsurance.com.
Agent/broker resources
Availability: Available nationwide (exc. AK and HI)
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.
Minimum premium: $400
Limits:
- $8M limit for frame and joisted masonry construction
- $15M limit for non-combustible, masonry non-combustible and fire resistive construction
Coverages:
- Collapse
- Scaffolding, Construction forms and temporary structures
- Debris removal
- Discharge from sewer, drain or sump
- Fire Department service charge
- Valuable papers and records
- Pollutant clean up and removal
- Ordinance of law - direct damage
- Preservation of property
- Reward payments
- Property at a temporary storage location
- Property in transit
- Expediting expense
- Limited coverage for 'fungi', wet rot and dry rot
- Soft costs
- Green building recertification
- Contract penalties
- Claim preparation expense
- Blueprint and construction documents
- Fraud and deceit
Insights:
- 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:
T: (800) 944-7472
E: buildersrisk.us@victorinsurance.com.
Alternatively, 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.
