Builder's Renovation & Course of Construction
Now Available!
We're excited to announce AUGold is now offering Builder's Renovation and Course of Construction to their coverage!
BUILDER'S RENOVATION COVERAGE HIGHLIGHTS:
  • Commercial & Residential Builders Renovation
  • Package or Mono-line Property
  • Standard ISO policy forms
  • DP1 or DP3 and Basic or Special 3, 6, 9, or 12 month policies
  • TIV up to $3,000,000 Maximum existing building value of $2,000,000
  • Premises Liability up to $1,000,000 & Commercial GL up to $1,000,000/$2,000,000
  • Project costs up to 150% of existing property value
  • Full theft available on DP3
  • Theft of building materials sublimit available
  • Other Structures and Personal Property Coverage up to 20% of Coverage A
  • Vandalism and Malicious Mischief coverage available
  • Policy can be extended to 18 months
  • Eligible Risks include:
  • remodeling
  • repairing of existing damage including post loss
  • project started
  • modular homes
COURSE OF CONSTRUCTION COVERAGE HIGHLIGHTS:
  • Commercial & Residential
  • Course of Construction for new construction projects with completed values up to $2,000,000
  • Package or Mono-line Property
  • Coverage for property owner
  • Standard ISO policy forms HO8 and HO3 and Basic or Special on 3, 6, 9, or 12 month policies
  • Replacement Cost option available on Special and HO3
  • Projects up to 3 stories and 20,000 square feet
  • Premises Liability up to $1,000,000 & Commercial GL up to $1,000,000/$2,000,000
  • Soft Costs, Property in Transit & Off Site additional coverage included
  • PC 1-10 permitted
  • Vandalism & Malicious Mischief coverage available
  • Theft coverage available
  • Contractor required to maintain CGL insurance with a minimum of $1,000,000 per occurrence
  • Additional Insureds added at no cost 
QUESTIONS?

Ariana Ramos
SVP | Business Development
(phone) 617-614-1216
(fax) 617-243-7516

Telamon is an experienced Broker with strong carrier relationships throughout the US. We have broad access to both admitted and non-admitted markets and are dedicated to finding your clients coverage- no matter the risk.
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