Builders Risk in Kansas

Kansas law excludes builders-risk policies covering property under construction from the valued-policy rule and says insured property is valued at its actual value at the time of loss. Kansas also excludes builders risk from the statutory definition of a controlled insurance program, so verify the project's policy and valuation terms directly rather than assuming a wrap-up or stated limit settles them.

What Is Builders Risk Insurance?

Builders risk protects the project you are building, including materials meant for it, against physical loss until construction ends. The gaps that cost owners money are materials in storage or transit, the existing building in a renovation, and coverage ending when you occupy early. Read the national Builders risk guide.

What Should You Watch for With Builders Risk Insurance in Kansas?

Document value as the project changes
K.S.A. 40-905(b)(2) says a builders-risk policy covering property under construction is outside the valued-policy provision and that the insured property value is its actual value at the time of loss. Keep a dated project-value schedule for completed work and materials, then ask the broker how the policy defines, updates and adjusts the insured value. ¹
Do not assume a construction wrap includes builders risk
Kansas's controlled-insurance-program statute describes those programs as liability or workers' compensation coverage and excludes builders risk from the program definition. If a project uses an owner- or contractor-controlled program, identify the separate property policy, named insureds and responsibility for arranging it. ²
Ask how partial losses and materials are valued
The statutory statement addresses value at the time of loss; it does not establish that every loss is covered or decide how a policy values each category of property. Ask for the form's valuation basis for installed work, onsite materials, transit and temporary storage, and how deductibles, limits and completion changes interact. ¹

Which Builders Risk Insurance Providers Have Kansas License Records?

No provider in our research has both a state license record and a listing for this coverage line. This does not establish that providers are unlicensed. Check the regulator’s license lookup and confirm availability with a provider when requesting a quote.

Who Regulates Insurance in Kansas?

Kansas Insurance Department

The Kansas Insurance Department regulates companies selling policies in Kansas for solvency and compliance with state law. Its consumer assistance team reviews written complaints, contacts the appropriate parties and requests corrective action when it finds a Kansas insurance-law violation. ^3,^4,^8,⁵

Website: Regulator website
License lookup: Search licensed producers
Complaints: File a complaint
Phone: 785-296-3071

Surplus-Lines Tax and Stamping Office in Kansas

Reported tax rate. 3% of gross premiums less returned premiums for surplus-lines insureds whose home state is Kansas; the 3% rate applies beginning with taxable year January 1, 2024 ^6,⁷

For surplus-lines business whose insured's home state is Kansas, the licensed agent must collect and pay a 3% tax on gross premiums less returned premiums; the 3% rate applies beginning with the taxable year starting January 1, 2024. For an exempt commercial purchaser, the surplus-lines producer need not file the signed diligent-search statement after disclosing that admitted-market insurance may or may not be available and may provide greater protection and oversight, then receiving the purchaser's subsequent written request.

What Should You Ask Before Buying Builders Risk Insurance in Kansas?

Who is responsible for placing builders-risk coverage if the project also uses an owner- or contractor-controlled insurance program?
What property, labor and materials are included in the scheduled value at each construction stage, and how are values reported or adjusted?
What valuation basis, deductible and limit apply to partial damage, materials away from the site, transit and temporary storage under the actual form?

Builders Risk Insurance in Kansas: Frequently Asked Questions

Does Kansas’s valued-policy rule set the loss value for builders risk?

K.S.A. 40-905(b)(2) excludes builders-risk policies covering property in construction from subsection (a) and says the property's value is its actual value at the time of loss. The policy and facts still control coverage and valuation questions. ¹

Does Kansas treat builders risk as part of a controlled insurance program?

K.S.A. 40-5402 defines a controlled insurance program as liability or workers' compensation coverage and states that a program subject to the act does not include surety or builders risk. Confirm who arranged the project's separate policy. ²

Sources for Builders Risk Insurance in Kansas

1
K.S.A. 40-905: Statement of Value in Policy; Exceptions. Kansas Office of Revisor of Statutes; Subsection (b)(2): builders-risk exception and actual value at time of loss. Current statute page reviewed in full; history lists amendments through 2005. Accessed 2026-09-28.
2
K.S.A. 40-5402: Controlled Insurance Programs Act Definitions. Kansas Office of Revisor of Statutes; Subsection (d): definition of controlled insurance program and express exclusion of surety and builders risk; current statute page reviewed in full. Accessed 2026-09-28.
3
Kansas Insurance Department. Kansas Insurance Department; KID's current September 2025 Consumer Connection states the Department regulates companies selling policies in Kansas for solvency and compliance; current KID complaint guide gives consumer-assistance process and contacts. Accessed 2026-09-28.
4
Licensing FAQ. Kansas Insurance Department; KID FAQ currently indexed as directing users to SBS Lookup, select Kansas jurisdiction and Licensee Search Type; direct KID route returned HTTP 403 to this verifier. SBS lookup endpoint linked in regulator. KID's Sept. 29, 2025 guide also directs consumers to NIPR existing-license verification for agents. Accessed 2026-09-28.
5
How to File a Complaint. Kansas Insurance Department; Current 2-page KID PDF, p.1: consumer-assistance representative evaluates issue, asks for written complaint, reviews it and contacts appropriate parties; requests corrective action for Kansas law violation. p.2 publishes main phone 785-296-3071, hotline 800-432-2484 and insurance.kansas.gov/complaint. Accessed 2026-09-28.
6
K.S.A. 40-246c. Kansas Legislature; 2026 Kansas Statutes, K.S.A. 40-246c(a)(2): for insureds whose home state is Kansas, licensed agent collects and pays 3% of total gross premiums less returned premiums; applies beginning taxable year Jan. 1, 2024. Accessed 2026-09-28.
7
K.S.A. 40-246g. Kansas Legislature; 2026 Kansas Statutes, K.S.A. 40-246g(a)–(b): exempt commercial purchaser route waives signed statement if producer discloses admitted insurance may or may not be available and may give greater protection/oversight, followed by purchaser's written request; effective Jan. 1, 2016. Accessed 2026-09-28.
8
Consumer Connection: Life Insurance to Future Proof Your Family. Kansas Department of Insurance; September 29, 2025, p.1: directs Kansans to NIPR existing-license verification and gives the Department's 785-296-3071 phone; mission says regulate companies selling policies in Kansas for solvency and compliance. Accessed 2026-09-28.
9
Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
10
Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
11
Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
12
About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
13
Licenses. ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885. Accessed 2026-09-28.
14
Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
15
Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

Builders Risk in Kansas

What Is Builders Risk Insurance?

What Should You Watch for With Builders Risk Insurance in Kansas?

Document value as the project changes

Do not assume a construction wrap includes builders risk

Ask how partial losses and materials are valued