Re-Hab-er
Extended Vacancies with major renovations… Two types of customers-
Builders with a Builder’s General Liability Policy have the following options for ReHab coverage:
· Builders Risk Policy for an Existing building
· A Month-to-Month policy with coverage for the structure with or without G/L
· High-Risk Builders risk policy in 3, 6, 9, 12 month increments with or without G/L
Are you an Investor buying to SELL? Need coverage for Renovations too?
· Primary solution: 3 month policy is the minimum sale and a $250.00 minimum earned premium. This policy is for Minor Renovations and can include General Liability coverage.
· Boarded homes or Condemed homes- a policy provides for extensive renovations without structural changes. Coverage for Boarded homes and extended vacancies is also available.
· A Zurich policy may be the wrong policy UNLESS you have a G/L policy for your business. If you have two years experience in renovations, the Zurich policy may the coverage of your choice.
Give us a call, we can assist you in the effort to obtain the best solution for your immediate need.
1-877-MattLocke (628-8562)
