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
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.
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.
Manage Your Risks
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.