New Build Construction – Builders Risk Insurance

McGowan Wholesale is a construction specialist. We have access to all the most aggressive E&S markets for builders risk and construction. We customize each placement and provide you with responsive service. We are here to help you win deals.

Applications​

Brochures

Questions?

Carrier

  • Varies per carrier, all A.M. Best “A” Rated

Target

  • Commercial ground-up construction or renovation

Eligible Classes

  • Apartments, Hotels, Shopping centers, office buildings and many more

Territory

  • All states, except KY

Capacity

  • Up to 100M or more, CAT Tier 1 or 2 and Non-CAT available

Applications

Submission Requirements

  • Acords, Completed Builders Risk Application, Construction Schedule, Drawings and Related Contract Documents. Loss runs, Target premiums and Deductibles

Minimum Premium

  • $10,000

Contacts

To Obtain Quotes

A complete submission requires the following:

  • ACORD application (Commercial Section).
  • 3 – 5 years of loss summary for all underlying policies.
  • Supplemental applications (at the underwriter’s discretion).
  • Please submit to: ajames@mcgowanrisk.com

To Bind Coverage

  • A written request to bind.
  • A signed ACORD submission.
  • 3 years of loss runs for all underlying policies.
  • Supplemental applications (at the underwriter’s discretion).

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