Commercial Builders RiskAt Selective, we have a comprehensive insurance solution that can provide the unique coverages builders should have. For commercial construction jobs, both new construction and remodeling projects, we have the insurance solution your clients should have.

Target Classes

Selective actively targets these commercial builders risk policies: • Assisted living/nursing homes• Country clubs• Government/municipal buildings• Hospitals/medical facilities• Hotels• Offi ces• Retail stores• Schools/colleges• Service establishments• Strip shopping centers

Commercial Builders Risk

PRODUCT AND COVERAGE HIGHLIGHTSRemaining competitively priced through a tumultuous market, our Builders Risk Policy was recently enhanced and includes:

• Competitive pricing: – Pro rata cancellation and no minimum retained premium, even for projects lasting less than one year – Flexible direct billing options

• Replacement cost valuation• Completed value defi nition includes reasonable profi t• “All Risk” coverage including:

– Equipment breakdown, collapse and testing – Theft and vandalism (including materials at the job site awaiting installation)

• Broad covered property defi nition, including scaffolding, false work, construction forms, foundations, paving, curbing, fencing, retaining walls and outdoor fi xtures

• Transit and temporary storage limits – 10% up to $250,000 – Includes coverage at locations owned or leased by named insured

• Coverage extensions including: – Site preparation covered if included in “completed value” limit – Supplemental limit for escalation costs (cost of labor, materials, changes in construction specifi cations) - 5% up to $500,000

– Building ordinance and law - $500,000 – Back-up of sewer or drain - $100,000 – Construction contract penalties - $25,000 – Debris removal limit - $25,000 – Fire department service charge - $10,000 – Fire protection systems - $75,000 – GreenPac® coverage - $25,000 – Jobsite trailers - $25,000 – Pollutant clean up and removal - $25,000 – Preservation of property - $10,000 – Trees, shrubs and plants - $10,000 with a $500 per item limit – Valuable papers - $25,000

One & Done®

Smaller builders risk policies can be quoted and issued through Selective’s One & Done® system. Your AMS can help you in writing larger builders risk policies, tailoring the coverages and terms to meet the needs of your contractors and project owners.

SI-13-127 (7/13)

©2013 Selective Ins. Group, Inc. (Branchville, NJ). “Selective” insurers include Selective Ins. Co. of America, Selective Ins. Co. of New England, Selective Ins. Co. of N.Y., Selective Ins. Co. of South Carolina, Selective Ins. Co. of the Southeast, Selective Way Ins. Co., Selective Cas. Ins. Co., Selective Fire and Cas. Ins. Co. Insurers and products available vary by jurisdiction.