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The home building industry came back to Minnesota! Builders & developers need home builders insurance. Homebuilders and construction companies need specialized insurance coverage for new Minnesota residential home construction.
Homebuilders insurance is general liability insurance. General liability insurance basically coverage bodily injury and property damage. General liability insurance rates are calculated using your gross sales, owner payroll, employee payroll, sub-contractor labor costs, and materials. For a more detailed definition, click here: General Liability Insurance.
Minnesota home builders often need builder’s risk insurance for the properties they are building until sold. So, the builders’ risk insurance policy is just written on a short-term basis during the MN construction period. It can be for an existing structure that is being remodeled or for a new home under construction. Buildings may catch fire, suffer wind and hail damage, or a victim’s fall. Here is some more detailed information if you would like to know more about builders’ risk insurance.
Securing and matching insurance policies for home builders and construction companies is an art. We work with builders and developers like you every day. We rate multiple companies and comparing, to find you the very best deal. It saves you both time and money. Plus, all our policies come with an experienced insurance agent! The most common coverages builders need are workers’ compensation, general liability, commercial umbrella, and builders risk insurance.
Take the next step and ask a question or request an insurance quote. You might be delightfully surprised, and we do an outstanding job. Your Minnesota contractors insurance quote is just a click away! Read our Bio, then request your quote. Click or dial 952-222-8073. Let’s do business!
