Inland Marine Express® Builders’ Risk Eligibility GuideINLAND MARINE

IM Express® offers you the ability to create flexible quote options for contractors, project owners, developers or other entities with a need for Builders’ Risk coverage. Work with this simple tool and receive the competitive price, and superior coverage and services of Travelers Inland Marine.

IM Express for Builders’ Risk enables you to offer a variety of options to your customers. Coverage is generally provided for owners, general contractors, or other entities with a financial interest in the project.

Coverage typically includes:• Sub-limits for materials in transit and while in temporary storage• Soft Costs Coverage and Permission to Occupy• Electrical breakdown for all electrical and mechanical components

Our underwriting selection platform focuses on construction projects funded by solid financial backing and built by experienced contractors. Risk selection is based upon the construction, location and planned occupancy for the project.

For your qualified applicants, it will be easy for you to rate, quote and bind coverage from start to finish through IM Express. For risks that fall outside of the criteria, or if you have any questions, you can contact IM Express anytime.

Coverage and basic limit options

Frame Joisted masonry Non-combustibleMasonry

non-combustible fire resistive

New construction $3,000,000 $3,000,000 $10,000,000 $10,000,000

Renovation** Not Available Not Available $10,000,000 $10,000,000

Street and road projects $1,000,000

Flood* $3,000,000 $3,000,000 $10,000,000 $10,000,000

Earth movement* $3,000,000 $3,000,000 $10,000,000 $10,000,000

*Flood and earth movement coverage dependent upon job site location. **Renovations must be on buildings less than 40 years old with no structural or existing building coverage.

Minimum premium• Low minimum premium applies

Deductible• Earth movement and Flood coverage subject to minimum

deductible of $25,000• Various deductible options available

Other options• Replacement cost• 100% coinsurance; or• 0% coinsurance

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The Travelers Indemnity Company and its property casualty affiliates. One Tower Square, Hartford, CT 06183

This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued by Travelers. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy or bond. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations.

© 2015 The Travelers Indemnity Company. All rights reserved. Travelers and the Travelers Umbrella logo are registered trademarks of The Travelers Indemnity Company in the U.S. and other countries. CP-6671 Rev. 2-15

IM Express can be reached at 866.361.8840 or via email at IMExpress@travelers.com.

Basic IM Express eligibilityBusiness operations:• A minimum of three years in business or in a

management capacity• General contractors building or developing

commercial properties• Commercial entities building, financing, developing

new construction commercial properties

Insurance experience:

• No more than two losses during the prior three years; or

• No one loss greater than $10,000 during the prior three years

Risks outside of IM Express appetite• Bridges, tunnels and dams• Construction projects started prior to the effective

date of the policy*• Projects in Protection Classes 7-10• Renovation or remodeling risks:

– Including any building structural changes – Requiring existing building coverage – Residential dwellings

• Reporting form policies• Single-family residential dwellings• Wastewater treatment plants • Water and sewer projects

*Subject to specific underwriting criteria