Real Estate Development Insurance
Professional Insurors offers the most comprehensive Insurance & Risk Management programs in the Industry. Our Real Estate Development Insurance Program is tailored to Commercial, residential and industrial real estate developers and project owners.
Our Real Estate Development Insurance program hosts a dedicated claims and risk management team, so you can be confident that your claims are being supervised by an in-house claims coordinator and your risk management needs are met by our experienced staff. Not all coverages are available to all real estate developers and are subject to underwriter approval.
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General Liability Insurance
CGL is a business insurance coverage written to cover your exposure to 3rd party claims for bodily injury, property damage, or personal injury or lawsuits.
Coverage Options:
Per Project Aggregate (new limits per project)
Blanket Additional Insured
Blanket Waiver of Subrogation
Broad Definitions of who is Insured
Broad Definition of Territory
Workers Compensation
Workers Compensation protects your business and employees from work-related injuries, accidents, or even death
Coverage Options:
Multi-State coverage
Meets all state guidelines
Hazardous industries coverage available
Blanket Waiver of Subrogation
Pay as you go solutions available
Commercial Auto Insurance
Professional Insurors provides Business or Commercial Auto coverage to all types and sizes of businesses and accommodates a wide variety of situational variations.
Coverage Options:
Blanket Additional Insured
Named Coverage for Owners of Company
Broad Coverage Territory
Hired/Non-Owned Automobile
Automatic coverage for Large Fleets (no reporting required)
Commercial Umbrella
A coverage written to cover your exposure to damages by third parties for bodily injury or property damage claims or lawsuits that exceed your limits on your underlying policies.
Coverage Options:
High Limits Available (min $1,000,000 up to $100,000,000)
Following Form or Full Umbrella based on risk and size
Blanket Additional Insured
Builders Risk Coverage
Builders Risk Insurance covers the building while in the course of construction.
Coverage Options:
Blanket or Per Project Basis policies
Very Competitive rates
Owners interest coverage available
Testing Coverage Available
Multiple deductible options
Construction Bonding
License and Permit Bonds available nationwide
Performance & Payment Bonds Available (Underwriting Required)
Contractors Equipment Coverage
Contractors Equipment Coverage, often called "inland marine" covers your equipment physical damage including collision, theft, and many other perils. The liability for this equipment is usually covered under your General Liability policy.
Coverage Options:
Coverage area is very broad
Multiple deductible options
Replacement Cost for Newer Equipment
OCIP Policy
Depending on the size of the project or availability of insurance it may be beneficial to consider a General Liability policy that covers all contractors on the jobsite under one policy.
The cost is based on the size of the project. For more information please contact us.
Additional Available Coverage:
Crime including employee dishonesty
Vacant Building Coverage
Health & Benefits