New Builder’s Risk

Nuts & Bolts: R.E.Chaix & Associates announced a new market for builders’ risk extending in-house binding for residential and small commercial buildings of $3 million or less. Renovations will be considered. Optional coverage for earth movement and flood is available. New construction risks may want to inquire about ordinance or law construction as additional coverage.

Dollars: The deductible starts at $250 and increases depending on risk. Broad coverage for larger risks will be considered up to $25 million.

Carrier: Rated “A,” admitted in California.

States Available: California.

Contact: Southern California, Tim Chaix, (949) 722-4177 or Northern California, Charlie Alegria, (707) 265-9788 or www.rechaixinsurance.com