Home Under
Construction
For those building a new home from scratch with a General Contractor, we have the perfect solution! Our Dwelling under construction endorsement is tailored for custom homes and coastal properties, providing coverage up to $3MM (Total Insured Value).
Coverage
Specifics
The endorsement added to our standard DP3 form includes coverage for theft of building materials or supplies, Premises Liability, and protection for major appliances in a secured dwelling under construction. Optional Coverage B, and other endorsements like water backup, sump overflow, and more are also available!
This product is not intended for owners as the builder.
We have the ability to offer this under construction coverage up to $3MM total-insured value.
Olympus’ coverage is broad including coverages beyond the normal scope of a traditional builders-risk policy. We are competitively priced and we make it simple for you!
Olympus offers this product with options to include hurricane coverage with several deductibles available.
This product is intended for new construction homes.
Yes, Olympus requires the GC to carry $1MM liability limits and a current license.