Option 2
Option 2-Fully Earned
Builders Risk (home renovations)
Existing Building with extended vacancies and currently damaged and possibly unsecure.
Boarded Homes
Pricing is based on coverage levels needed, location of home, construction type, and loss experience. This coverage is traditionally bound for 3 months and then is renewed for another 3 months. Premium is FULLY EARNED with no option for refunds at time of cancelation. Liability coverage of $300,000.00 is automatically included and we can extend to $500,000.00.
Coverage extends to the following risks:
- Lightening
- Fire
- Smoke
- Internal Explosion
- Tornado
- Hail *
- Windstorm *
* Coastal restrictions may apply.
All Claims Settled at Actual Cash Value
NOTE: Theft is listed as optional on the application but is not a valid coverage in Georgia.
NOTE: The policy can be written as vacant or vacant with renovations. Checking “renovation” will extend the builders risk component to the policy.
NOTE: Boarded homes are acceptable. Commercial Structures are acceptable.
Other structures need to be named in the application and are not automatically covered.
Note:
Corporate, Partnership, LLC name is Acceptable
Any age of home
Lower valued homes
No restrictions on Protection class 9 and 10
Insure to Market value
All homes are inspected
Call or contact us for more details 678-682-9700
