The Builder Agent Network (BAN) is expanding it offerings for Texas home builders and general contractors to include a new package policy for home builders.
BAN is a managing general agent for several insurance companies and works through a network of approved agents that have met stringent requirement guidelines and have extensive knowledge of the building industry.
The property and liability insurance products are available to home builders and light commercial general contractors.
The new BAN package policy includes:
- General liability with optional GL enhancement endorsement (including but not limited to: blanket additional insured, primary and non-contributory, incidental medical malpractice, knowledge of occurrence);
- Property (building and/or office contents) with property enhancement endorsement (including but not limited to: outdoor signs, fine arts, personal effects of others, valuable papers, computer fraud, sewer and drain backup, non-owned detached trailers);
- Hired and non-owned automobile liability;
- Crime (including, but not limited to: employee dishonesty, forgery/alteration, theft of money and securities);
- Inland marine (including, but not limited to: contractors equipment, employees tools, installation floater, EDP);
- Employee benefits liability.
Source: Builder Agent Network
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