A builder insurance option that will cover things such as subsidence and injury to a subcontractor’s employees debuts in Texas for the home building and contractor markets. Announced by Builder Agent Network, managing general agency for Builders Insurance Group’s Texas products, the coverage provides excess liability at premium and coverage options customized for each type of risk. This type of coverage is very difficult to obtain in today’s marketplace, according to BAN.
Anne Sheahen, vice president, Builder Agent Network explained why this coverage is being offered:
Providing insurance coverage to the Texas construction industry, especially to home builders and developers, has been a challenge for many years. Builder Agent Network offers the building community a sustainable insurance program, underwritten by solid carriers like Builders Insurance Group, who are rated A-(Excellent) by A.M. Best Company. The program is distributed only through carefully selected agents specializing in construction. Our goal is to meet the needs of the building community by providing insurance to work alongside the best practices of risk management, as taught by the Texas Association of Builders.
About Builder Agent Network – Founded in 2008, Builder Agent Network is the managing general agent for selected carriers offering insurance products to a group of preferred agents specializing in meeting the insurance needs of the Texas residential and commercial builder. Founding members include Capitol City Insurance Agency, Austin, Texas; Hotchkiss Insurance Agency, Dallas, San Antonio and Houston, Texas; JDW Insurance, El Paso, Texas; Swantner Gordon Insurance, Corpus Christi, Texas; and Whitaker Insurance, San Antonio, Texas. For more information about the Builder Agent Network, contact Becky Walker at firstname.lastname@example.org or by phone at (972) 512-7770.