Builder's Risk Insurance
PWSC now offers builder’s risk insurance! This is not just any builder’s risk program. Our A-rated, admitted, quick and easy-to-obtain policies come with unique coverages and competitive rates, including warranty package discounts.
Ask your agent to consider PWSC for your next builder’s risk policy!
Why It's Worth It
Flexible Terms
Builder’s risk insurance from PWSC allows for return of unearned premiums if a project is finished early. And, if the project is running behind, extensions are guaranteed too!
Special Coverages
Our policies offer special broad form coverage, including risks that are excluded by other builder’s risk programs. There are no exclusions for water damage with PWSC.
Easy-To-Use
With a rapid underwriting process and limited reporting requirements, our experts know what home builders really need out of their builder’s risk program and how to make it simple.
Protection for All
Builder's risk insurance protects the builder's and the homeowner's financial interest. PWSC's policies even include extra protection for homes in inventory.
Meets Lender Requirements
When you need to obtain proof of coverage quickly for a lender, PWSC’s program is ready to help with cost effective, easy-to-obtain coverage and fast approval decisions.
Complements Your Warranty
Our builder’s risk insurance dovetails with our structural warranty programs, creating seamless coverage on the home from breaking ground and through the statute of repose.
BUILDER'S RISK INSURANCE
Tailored Solutions With Your Budget In Mind
- Special Broad Form Coverage
- Flexible Terms & Extensions
- Warranty Package Discounts Available
Combine with...
Insurance-Backed Warranties
- Specific Standards
- Real Insurance/ Risk Transfer
- Home Builder Expertise From A Neutral 3rd Party
System & Appliance Warranties
- A True Differentiator
- Extended Coverage For Increased Homeowner Satisfaction
- Perfect Pairing To Structural Warranty
Key Benefits
| A-Rated, Admitted, Insurance |
| Special Broad Form Coverage Instead of listing what's covered, our policies cover everything unless it's excluded. We have no restrictions around water damage, intrusion, or overflow. |
| Project Extension Guarantee Every PWSC policy includes an option to extend the term by at least 6 months. This protects builders from losing coverage or experiencing major rate increases when a project falls behind schedule. |
| Coverage for Homes in Inventory |
| Replacement Cost |
| Co-Insurance Waived |
| Package Discounts Available with PWSC Warranty Programs |
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Talk To An Expert
There is no one-size-fits-all.
Whether you are a builder, property manager, insurance agent, or homeowner, our team of home experts is available to discuss your needs, your wants, and your challenges to get to the right home warranty solution.
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800.850.2799