Get Builders Risk - Hanover Insurance

Completing the Builders Risk application from Hanover Insurance online can be straightforward with the right guidance. This document covers each section and field in detail, ensuring users have clarity in providing essential information.

Follow the steps to accurately fill out the application.

1. Press the ‘Get Form’ button to access the application, which opens in your chosen editor.
2. Begin by filling out the applicant information section. Provide details for the first named insured, mailing address, and other named insureds if applicable. Indicate whether the applicant is a partnership, corporation, or individual, along with years in business and a description of operations.
3. For general policy information, enter the effective and expiration dates, choose the billing method (agency or direct), and select the payment plan that suits your needs.
4. In the underwriting information section, specify the estimated project start and end dates. If the project is underway, input the percentage of completion. Enter the project address and the ISO public protection class.
5. Describe the project, including intended occupancy upon completion, and choose the construction type from the options provided. If selecting ‘CSP 7,” provide a detailed description.
6. Indicate the type of construction (new or renovation/rehab) and describe any exposures from surrounding structures within 100 feet.
7. Outline limits requested for various coverage options, including hard costs, loss of rents, business income, and others. Mark ‘Yes’ or ‘No’ accordingly.
8. Fill out the deductibles requested, including any specifics on coverage for loss of rents or business income, and any associated waiting periods.
9. Complete the sections regarding the general contractor's information, including their name, address, website, and experience. Document any prior Builder's Risk losses.
10. Detail the physical protection measures provided on site, including security and fire safety measures.
11. Answer the various exposure questions about temporary heat requirements, hoisting, or any construction methods being used. Comment on any applicable responses.
12. Indicate if ‘permission to occupy’ coverage is needed and describe any additional interests to be covered by the policy.
13. Review the additional coverage section and adjust limits as desired for business personal property, construction trailers, and other specified coverages.
14. If applying for renovation or rehab coverage, complete the supplemental application by describing the project, limits desired, and providing any exposure comments necessary.
15. After all sections are complete, ensure to save changes, and choose to download, print, or share the completed application as needed.

Begin filling out your Builders Risk application online today for efficient processing.