Builders Risk – Residential
For new residential construction projects, Zurich offers Inland Marine coverage on a per-project basis or on a reporting form/blanket basis and includes a renewal option of up to two additional years. A separate policy for unsold dwellings is available.
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Insurance agents
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Appetite
- Commercial and residential structures during the course of new construction or remodeling
Geography
- Nationwide
Ineligible risks
- Mobile homes
- Registered historical structures
- Structures built over water
Coverages offered
- Inland Marine
- Coverage available on a single structure, reporting form or blanket (deposit premium) basis
- Provide addresses of project locations.
- Provide total completed value of projects.
- Projects up to $75 million are eligible, subject to underwriting approval.
- Coverage for remodelers (including major structural renovation), purchasers under contract, model homes, model home contents, tools and equipment, trade-ins and unsold dwellings is available.
- Rating and underwriting guidelines apply.
- Business Income, Waiver of Coinsurance and other coverages are available for commercial structures.
- Residential and small commercial single structure policies are written on an annual basis and may be renewed for up to an additional two years
- A separate policy will allow two years of additional coverage for unsold dwellings.
- Large commercial policies may be written with customized policy terms.
- $1,000 deductible is standard on all policies
- A minimum premium ($375 in most states) applies on one-shot policies.
- Admitted
- Builders are required to have at least two years of general contracting experience.
FAQs
Builders Risk Residential insurance from Zurich provides coverage for the materials, fixtures and/or equipment to be permanently installed during the course of new construction or remodeling.
Zurich Builders Risk Residential insurance supports:
- New residential construction
- Residential remodeling projects
- Installation jobs
Coverage is available nationwide and designed to support a broad range of residential building operations.
Zurich offers flexible inland marine coverage structures, including:
- Single project (per structure) policies
- Reporting form coverage
- Blanket (deposit premium) policies
These options allow builders to select coverage that aligns with the number and scope of active residential projects.
Yes. Zurich Builders Risk Residential policies may include a renewal option as well as a third year of coverage under an unsold dwelling policy, allowing continued coverage when construction timelines extend beyond the original policy term.
Yes. Zurich offers a separate policy option for unsold dwellings, helping protect completed residential structures that have not yet been sold or occupied.
The following risks are not eligible for Zurich Builders Risk Residential coverage:
- Mobile homes
- Registered historical structures, and projects that require historical society review or approval
- Structures built over water
Each submission is reviewed to ensure alignment with underwriting guidelines.
Zurich Builders Risk Residential coverage is available nationwide excluding Hawaii, subject to underwriting approval and jurisdictional requirements.
Policies are written on admitted basis.
Zurich Builders Risk Residential insurance is well suited for:
- Residential owners or home builders
- Developers
- Contractors manaing new builds or remodels
- Tradesmen
- Organizations seeking flexible inland marine based coverage
The program is designed to scale with both single project and multi project residential operations.
Residential builders choose Zurich because of:
- Flexible inland marine policy structures
- Nationwide availability
- Coverage options for extended construction timelines
- Strong claims and risk management support
Zurich delivers stability, expertise and construction focused insight for residential building projects.