Builders Risk Single Shot Rating Changes: AZ, TN, VA

10.9.20

Builders Risk Single Shot Rating Changes 

Territory: Arizona, Tennessee, Virgina
New Business Effective Date: November 9, 2020
Renewal Effective Date: November 29, 2020
 

Summary of Rating Changes:

  • 5% surcharge to the base rate for Frame Construction projects with TIV greater than $1M
  • 10% surcharge to the base rate for projects in Protection Class 9 or 10 with TIV greater than $500K

If you have any questions, please contact our Sales Team at the contact information listed below.

As always, we appreciate your business and value our partnership.

Bankers Insurance Group
BankersMarketing@bankersinsurance.com
800.627.0000 x 4900