Construction AOP & Water Damage Deductible Buy Down

Ethos Specialty provides unique programs for niche parts of the property market where it is often difficult to find enhanced insurance coverage. Our Builders Risk All-Other-Perils & Water Damage Deductible Buy Down solutions are crafted to provide additional coverage beyond that of a standard insurance policy. We can provide Water Damage only buy-down, or solutions covering all other perils which are at the discretion of an underwriter to fit within appetite and limit guidelines.

Key Facts

Construction AOP & Water Damage Deductible Buy Down

Target Classes:

Frame Construction
Non-Combustible Construction
Renovation Projects
Mid Term Projects

Excluded Perils:

Soft Costs/DSU/Rental Income
Flood
Earthquake
All Windstorm, Wind Driven Rain and Hail
Equipment Breakdown

Maximum Policy Terms:

36 months

Total Project Value:

$250M Hard Costs Only

Maximum Limit:

$250,000 per occurrence and $1M term/aggregate limit
4 times aggregate of the per occurrence limit

Minimum Premium:

$25,000

Minimum Deductible:

$25,000 Per Occurence

Resources

Ethos Construction AOP & Water-Damage-DDBB Overview

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The information contained herein is offered as insurance Industry guidance and provided as an overview of current market risks and available coverages and is intended for discussion purposes only. Statements of coverage availability and scope are general in nature, subject to change and underwriting of any individual risk, and provide no guaranty or warranty of coverage, express or implied. The precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. Insurance brokerage and related services are provided by Ethos Specialty Insurance Services LLC (California License No. 0M29989). The publication and delivery of the information contained herein is not intended as a solicitation for the purchase of insurance on any US risk.

Construction AOP & Water Damage Deductible Buy Down