Master Course of Construction
This program provides broad builders risk coverage and control of your property insurance while the property is under construction.
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Comprehensive Master Course of Construction Coverage
With comprehensive coverage designed specifically for owners of major construction projects, this program also covers contractors’ and subcontractors’ interest in the project. Coverage includes materials at the job site, property in transit, loss of income or tax revenue to the owner if the project is not completed on time due to a covered loss, and additional costs to rebuild the property.
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Master Course of Construction Program Features
- Coverage at fixed cost for the term of the project
- Premiums and coverage limits controlled by the owner
- Blanket all-risk coverage
- Off-site storage coverage
- Transit coverage for materials and other property
- Optional coverage for a delayed opening caused by a covered peril
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