Industries

Builders Risk coverage is critical to contractors, owners, and developers as it protects against the unique property loss exposures associated with construction projects. From residential to commercial, new construction to renovations—including coverage for existing structure or not, project specific to reporting—we have comprehensive and flexible coverage options to address a wide variety of project types and coverage needs.

Commercial and Residential Projects | Deductible Options $1,000 – $250,000 | $350 Minimum Earned Premium | Blanket Named Insured Available | Full Permission to Occupy Provided | No Coinsurance | Replacement Cost Valuation | Equipment Breakdown Available | Customizable Coverage Extensions, Supplemental Coverages, and Delay in Completion (Soft Cost and Business Income) Limits | Billing Options Include Direct Bill and Agency Bill | Policy Terms Offered from 3 Months to 3 Years.

The Builders Risk Xpress Product has 3 quote options to choose from: Silver, Gold, and Platinum. All are customizable and designed to expedite your quoting experience.

A contractor needs the right tools to complete work properly, before contract deadlines. With Berkley Fire & Marine’s Contractor’s Equipment coverage, our insureds know that the tools that support their business are properly protected.

Insurance for a contractor’s liability arising out of the moving of property and equipment that belongs to others, such as lifting air-conditioning units onto a roof with a crane.

Inland marine coverage on the property (usually equipment) being installed by a contractor.

Electronic Data Processing (EDP) coverage provides all-risk coverage for data processing hardware and software. In a fast-paced world, having the right EDP coverage is vital to your business operations. Berkley Fire & Marine is pleased to offer EDP products that cover your most complex exposures.

Coverage on property entrusted to the insured for storage, repair, or servicing. It is typically purchased by businesses such as dry cleaners, jewelers, repairers, furriers, etc.

Berkley Fire & Marine’s Equipment Sales and Rental form provides coverage to equipment held for sale, as well as equipment offered for lease or rental. Written under AAIS IM 7700, coverage is available at described premises and certain off-site exposures.

Medical equipment is not limited to the hospital or doctor’s office. Many medical practitioners have mobile equipment that provides diagnostic services across a region. This equipment needs the right coverage to protect the equipment in the event of loss.