Builders Risk

Constructing the Right Risk Coverage

The U.S. construction market output is well over a trillion dollars. For contractors and builders in this industry, the risk exposure is high. If you’re looking for a specialist who knows builders risk insurance, ProSight can help with customized solutions and maximum coverage.


Our Focus

Residential (1-4 family dwellings), including home builders’ reporting forms
Apartments, condominiums, group homes, and assisted living facilities
Commercial (offices, mercantile, and retail)
Institutional (schools, hospitals, municipal, and correctional facilities)

Your Insurance Options

Admitted and non-admitted coverage countrywide
Comprehensive AAIS coverage forms
All risk – subject to policy exclusions
Flexible policy periods from 3–36 months
Critical CAT capacity for earthquake, flood, and coastal windstorm
Offered on a ground-up (100% written), primary, excess, and quota share basis
Delay in completion coverage available for soft costs, rental income and business income
Project-specific coverages, reporting forms, and installation floater coverages
Dedicated team of experienced underwriters
Quick turnaround

Minimum Deductible

$1,000 Minimum – varies, based on total insured value (TIV) and occupancy class


Up to $25,000,000 per risk (non-CAT) for project-specific risks – varies, based on construction type and occupancy class

Our Partner

ProSight and Safehold Special Risk have partnered to offer the most reliable and affordable insurance for contractors and developers nationwide. One of Safehold’s most successful niche programs, Builders’ Risk, specializes in coverage for commercial and residential construction. Combining Safehold’s and ProSight’s expertise in comprehensive course of construction coverages can help lead to many successful construction projects for builders and contractors.


Our Experts

Joe FinneganCustomer Segment President
Meet Joe