Commercial Builders Risk
Construction Insurance
Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Ontario, Prince Edward Island, Saskatchewan, Yukon
No
- Builders Risk
- new building projects
- renovation projects including tenant fit-outs
- general contractors
- ability to subscribe on larger projects
- access to open market for larger projects
Product Overview
Commercial Builders Risk by ABEX Affiliated Brokers Exchange Inc. offers flexible protection for construction projects. This product is designed to meet the needs of new builds, renovations, and tenant fit-outs, making it a practical choice for many types of construction work.
Coverage is available for the full length of the project, from the first day of construction to completion. ABEX brings a strong understanding of the construction industry, helping brokers and clients manage risks unique to building and renovation work.
About Commercial Builders Risk by ABEX Affiliated Brokers Exchange Inc.
Commercial Builders Risk by ABEX Affiliated Brokers Exchange Inc. can support both small and large projects, including those that need access to the open market. The product is open to general contractors and does not require a broker contract, making it easy to access for brokers in ten provinces across Canada.
Brokers can count on ABEX for support throughout the construction period, whether the job is a single building or a larger, more complex project.
For those ready to get started, the application form and contact options are available on this page. Brokers can reach out to discuss coverage or request a quote at any time through the ‘Contact Underwriter for Quote’ section.
Commercial Builders Risk by ABEX Affiliated Brokers Exchange Inc. FAQs
Does the product provide coverage for both new builds and renovations?
Yes, this product covers both new construction and renovation projects, including tenant fit-outs. Coverage is designed to protect buildings and materials during all stages of construction, whether starting from the ground up or updating existing structures. This flexibility makes it suitable for a wide range of projects in the construction sector.
Are there any restrictions on the types of buildings covered by ABEX Affiliated Brokers Exchange Inc.’s Commercial Builders Risk?
The product is designed for commercial construction projects, but some restrictions may apply based on project details or risk factors. Brokers are encouraged to review project specifics with the ABEX team to confirm eligibility. This helps ensure the right coverage is in place for each unique build or renovation project.
Are general contractors eligible to apply for this Builders Risk Insurance?
General contractors can apply for coverage under Commercial Builders Risk by ABEX Affiliated Brokers Exchange Inc. The product is open to a range of construction professionals, including project owners and developers.
How long does coverage last for a typical Builders Risk Insurance policy?
Coverage lasts for the entire construction period, from the start of work until the project is finished. This ensures protection is in place throughout all phases of building or renovation. For more details on related products, see the Construction Insurance category page.
What is the process for brokers to access Commercial Builders Risk by ABEX Affiliated Brokers Exchange Inc.?
Brokers can access the product without a contract and start by completing the application form provided on the product page. The process is simple and designed to collect key project details, such as location, value, and timelines. ABEX Affiliated Brokers Exchange Inc. offers support during the application and throughout the project’s duration.
Complete and up to date listings are our highest priority. Our full-time research team keeps our listings accurate and up to date but sometimes changes happen that we haven’t spotted yet. If you see something out of date, click here to open your email client and send us a message!