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Construction Property Insurance

AIG’s network of underwriters, risk engineers, and claims specialists are dedicated to the construction property market. We have firsthand experience of the risks and challenges you face every day.


With our market-leading capacity, broad appetite, and innovative approach to risk management, we can help you find the right solutions to meet your needs like no other insurance company can.

Core Construction Property Products

We will work with you to tailor a comprehensive solution for your single project builder’s risk needs, using our new admitted policy form – Construction PerformanceSM.  With market leading coverages, risk engineering services and our Claims Promise, AIG delivers the products and services your construction project needs.  Operational extension of the construction policy for the first year of operation is available to help prevent a gap in coverage between the construction period and the operational period. AIG companies also offers Master Builder’s Risk programs that provide a broad annual policy for numerous ongoing construction projects for both contractors and owner clients, with an optional Contractor’s Block solution for contractor’s property and equipment exposures.

Benefits of Construction Property Insurance with AIG

Dedicated Construction Risk Specialists

With specialized expertise in the construction industry, our underwriters will work with you to create coverage solutions that meet your unique needs and help ensure your project is delivered on time and on budget.

Market Leading Capacity

Secure coverage with up to 10 years of uninterrupted protection and some of the highest available limits in the industry – up to $350 million in probable maximum loss (PML) capacity, with potential gross limits of $1.75 billion and greater.

See our Risk Appetite

Coverage Details

AIG’s broad-based construction property insurance is designed to eliminate potential coverage gaps by addressing a broad spectrum of builder’s risk exposures.  With policy limits up to $1.75 billion or more, our insurance products can cover:
Natural Catastrophe Coverage

Delay In Completion Coverage

Cyber Coverage

Upgrade To Green®

Expediting and Extra Expense

Inland Transit and Offsite Temporary Storage

Arson, Theft or Vandalism and Malicious Mischief Reward

Debris Removal (Including Removal of Debris of Uninsured Property at the Insured Project)

Hot and Cold Testing

Automatic Permission To Occupy and Use Coverage

Available Operational Coverage Following Completion of the Construction Project

Full Defects (LEG-3) Coverage Options

Manage Your Risks

Comprehensive Risk Management Programs

Learn more about AIG’s underwriting, claims, and risk engineering services provided by dedicated construction property specialists worldwide.

Loss Prevention Engineering

Complement your property insurance coverage with practical risk management solutions. Our industry professionals provide on-site property reviews to help you assess risks, manage safety programs, and protect your bottom line.

Learn More

Learn More About AIG’s Construction Performance®