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Schinnerer introduces expanded builders risk program


Victor O. Schinnerer & Co. said Monday that it has expanded its Builders Risk program to include coverage for commercial construction and commercial and residential remodeling.

Builder Risk provides coverage for property during construction. The expanded program is offered through Navigators Insurance Co.

In addition to the standard policy form, 16 additional coverages are built in, including debris removal, ordinance of law, expediting expenses, soft costs and pollutant clean up and removal. The program offers premiums as low as $400, Chevy Chase, Maryland-based Schinnerer said in a statement. 

An online broker portal will provide access to brokers who can quote and issue a policy, according to the statement.