Praxis Now Offers Builder’s Risk Insurance

Product development, distribution and marketing, underwriting and claims handling are among our most important capabilities. Our mission is to advocate the growth of businesses like yours in every imaginable way. Therefore, we have expanded our insurance offerings to now include Builder’s Risk Insurance! Some key points of our Builder’s Risk and Remodeling Insurance are:

  • We Insure both residential and commercial new construction, remodeling and installation
  • Projects of any size
  • Includes wind and flood (wind is excluded from properties within 1,000 feet of tidal water or on a barrier island)
  • Admitted carrier
  • $1,000 deductible is standard
  • $375 minimum premium for one shot policies
  • Business income and waiver of coinsurance available for commercial structures

Builder’s Risk and Remodelers Eligibility can be found on our main Builder’s Risk page. Builder's Risk Insurance is necessary to cover agreement requirements and to protect your client’s interests during remodeling, installation, and residential and commercial construction. We know that every blueprint is different, that's why Praxis Insurance Associates covers projects of any size and provides policy quotes with flexible options. Our claims team is second to none, responding quickly and around the clock. Whether the project is big or small, you can rest assured that Praxis has you covered.

For more information check out our Builder’s Risk page or contact us directly via phone call or email today! We look forward to helping you grow your business!