How to Choose the Right Builders Risk Policy for Your Contractor

Us assure | July 18, 2018

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When contractor clients are looking for a course of construction insurance policy, that means, as their agent, you must be ready to navigate numerous builders risk options to issue the right coverage. The question is: how can you quickly select the right policy for each contractor’s project? The basic policy choices available through the Builders Risk Plan insured by Zurich are single project policy (also known as a one-shot policy), reporting form policy, deposit premium policy and blanket installation. Whether your clients are general contractors, subcontractors, tradesmen or service providers, their need for comprehensive coverage on construction projects remains the same.

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Ascot Group

Ascot Group Limited is a Bermuda domiciled global specialist in insurance and reinsurance. Built on a foundation of underwriting expertise, the Group comprises four divisions: Ascot Underwriting Limited-a Managing Agent for Syndicate 1414 at Lloyd’s; Ascot Reinsurance Company Limited-a Bermuda based specialty reinsurer; Ethos Specialty Insurance Services LLC-a New York based Managing General Underwriter (MGU); and Ascot Insurance U.S.- an admitted and surplus lines insurance business.

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Spotlight

Ascot Group

Ascot Group Limited is a Bermuda domiciled global specialist in insurance and reinsurance. Built on a foundation of underwriting expertise, the Group comprises four divisions: Ascot Underwriting Limited-a Managing Agent for Syndicate 1414 at Lloyd’s; Ascot Reinsurance Company Limited-a Bermuda based specialty reinsurer; Ethos Specialty Insurance Services LLC-a New York based Managing General Underwriter (MGU); and Ascot Insurance U.S.- an admitted and surplus lines insurance business.

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