Other
coverage options
Several options are available
to enhance our standard Builders Risk Plan policy. These options may be
written in addition to Builders Risk coverage and are not available on
a monoline basis.
Model
Home Contents
-
Designed for contents located
in a model home.
-
Includes items in storage and
in transit.
-
Coverage is on a blanket basis
when written as a one shot policy.
-
Can be covered on a Builders
Risk reporting form policy if properly endorsed and reported. Coverage
is not on a blanket basis, and separate limits must be reported for each
model home.
Trade-in
-
Coverage for vacant and unoccupied
completed dwelling property of the first named insured taken in trade or
purchased to remodel and sell.
Unsold
Dwelling
-
Coverage
for vacant and unoccupied completed dwelling property of the first- named
insured previously covered under a Zurich Builders Risk policy.
-
Flood
and Earthquake coverages are available on unsold dwellings in certain states
if Flood and Earthquake coverages were previously included under the standard
Builders Risk policy.
-
Can be
reported on a Builders Risk reporting form policy at the appropriate rate.
Purchaser
Under Contract
-
Coverage
enables the home purchaser to occupy a dwelling for up to 90 days pending
closing while builder collects rent.
-
Dwelling
must have been previously insured under a Builder's Risk Policy