Berkshire Hathaway Specialty Insurance announced that it has expanded its construction-focused capabilities with the introduction of the Homebuilders Liability Insurance Policy, which extends flexible protection for tract homebuilders nationwide.
The new policy offering provides coverage for bodily injury and property damage, personal and advertising injury and contains a specialized coverage part to address construction defects and completed operations.
The policy is customizable, with self-insured retentions tailored to individual operations and wrap up options up to $15 million in limits can be provided. Coverage is paired with the loss control and claims services of BHSI’s construction specialists.
Source: Berkshire Hathaway Specialty Insurance
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