Berkshire Hathaway Specialty Insurance vs Nationwide: How Do They Compare for Builders Risk Insurance?

BHSI describes primary and excess options for its Builder’s Risk products, along with single-peril and difference-in-conditions choices. ⁵Company-reported. These are marketed placement options, not a commitment to provide any layer or a statement about how a specific project is insured.

Nationwide describes offering builders risk for the audience stated on the cited product page. ¹⁰Company-reported. builders risk marketed by nationwide; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement.

BHSI separates its EAR and CAR target categories; it says Master Builder’s Risk is considered selectively. ⁵Company-reported. The published target categories guide submission discussions; they do not guarantee eligibility or acceptance.

Construction projects through completion; listed ideal risks include commercial/industrial construction and other named industries. ¹⁰Company-reported. builders risk marketed by nationwide; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement.

BHSI describes Builder’s Risk as project property coverage and lists hot testing/commissioning, delay and soft-cost features. ⁵Company-reported. U.S. product-page marketing summary; does not establish that each extension is included in every project policy.

The page describes primary and excess placements and single-peril or difference-in-conditions options alongside its all-risk product description. ⁵Company-reported. These are marketed options, not a statement that a particular quote includes them.

BHSI lists its Builder’s Risk Form, follow-form quota-share or excess forms, and broker manuscript forms as options. ⁶Company-reported. A form being listed does not establish that it will be used for a project or what its final terms contain.

The cited product page describes property under construction, construction materials, and temporary structures, with optional endorsements such as debris removal, earthquake, flood, and business income. Marketing description only; actual coverage, exclusions, conditions, limits, and availability depend on the issued policy and jurisdiction. ¹⁰Company-reported. builders risk marketed by nationwide; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement.

Confirm in your quote.

The cited overview does not set a universal limit or retention for this line. Ask for the proposed policy form, limits, retentions, exclusions, and conditions in the quote. ¹⁰Not publicly disclosed. Only the cited marketing page was reviewed for published limit and retention information; no policy-form entitlement is inferred.

BHSI says underwriting may request coverage specifications, a project description, contractor loss experience and a construction schedule, among other project details. ⁶Company-reported. The guide gives examples rather than a universal or complete checklist; requirements depend on the submission.

The page directs prospective customers to contact an agent or request a quote. The page does not establish a quote, bind, or coverage-effective timeline. ¹⁰Company-reported. builders risk marketed by nationwide; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement.