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Bryan Ponce
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Looking for Builder's quote with full replacement cost coverage

Bryan Ponce
Posted Mar 9 2023, 07:57

Hello,

My new lender on a new project in GA is requesting builder's Risk with full replacement coverage (vs Actual cash value). Any recommendations for companies that would provide Full Replacement Coverage? thanks. 

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Kevin Hoag
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  • Insurance Agent
  • Cleveland, OH
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Kevin Hoag
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  • Insurance Agent
  • Cleveland, OH
Replied Mar 9 2023, 08:12

I would look into US Assure or AU Gold. They both offer full replacement cost builders risk policies. You may also want to contact a local independent insurance agent. With all of the changes in the insurance industry an independent agent is your best option to receive multiple insurance quotes.

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Bryan Ponce
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Bryan Ponce
Replied Mar 9 2023, 08:37
Quote from @Kevin Hoag:

I would look into US Assure or AU Gold. They both offer full replacement cost builders risk policies. You may also want to contact a local independent insurance agent. With all of the changes in the insurance industry an independent agent is your best option to receive multiple insurance quotes.


 thanks!

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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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  • Austin, TX
Replied Mar 9 2023, 16:59

Most policies include this, talk to a insurance broker.