Builders Risk in Maine

Maine's floodplain permit paperwork depends on the effective map and local ordinance, which may exceed the state model. After storm damage near water, state natural-resource review can also differ between a limited repair and replacement or work exceeding the statutory repair threshold.

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 Maine?

Match the permit and certificate to the effective map
Maine's Office of Community Affairs describes different application forms for communities with no base flood elevation, mapped AE/AO areas, and coastal VE/V1–30 areas. Local ordinances may exceed the model, so ask the municipality which map and ordinance apply and whether the nonresidential floodproofing form is required. ^1,²
Plan elevation and floodway documentation with the design team
Maine's interagency guidance describes elevation certificates and lowest-floor elevation requirements for mapped zones, with different standards in coastal V/VE areas. Where a floodway is not mapped, the state describes a default delineation method unless an engineer documents a different limit; confirm the local rule and required engineering before site work. ²
Separate repair from replacement after a storm
Maine DEP says some storm-damaged structures repaired below 50% may avoid an NRPA permit if their size does not increase, while replacement or work over 50% near water requires review under the applicable process. Keep itemized repair estimates and approvals; a change from repair to replacement can alter both permitting and the construction schedule. ³

Which Builders Risk Insurance Providers Have Maine 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 Maine?

Maine Bureau of Insurance

The Maine Bureau of Insurance licenses producers and companies, enforces Maine insurance laws, and investigates property and casualty complaints including commercial coverage complaints. You can use its state lookup or complaint service to check a license or raise an insurance issue. ^4,^5,⁶

Website: Regulator website
License lookup: Search licensed producers
Complaints: File a complaint
Phone: 800-300-5000

Surplus-Lines Tax and Stamping Office in Maine

Reported tax rate. 3% of gross direct premium when Maine is the insured's home state ^7,^8,⁹

Maine charges 3% of gross direct premium when it is the insured's home state; your broker handles the tax and may include it with the premium. Surplus-lines policies are outside Maine guaranty-association protection. Maine generally requires a diligent search, with an exempt-commercial-purchaser exception requiring broker disclosure and the purchaser's written request.

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

Which effective FEMA zone, local floodplain ordinance and Maine permit form apply to this parcel, and which elevation or floodway certificates are required?
If the project follows storm damage, is the scope legally a repair or replacement, how is the repair percentage documented, and what shoreland or dune limits apply?
How does the proposed builders-risk form address flood, storm damage, repair or replacement work, stored materials and any resulting delay?

Builders Risk Insurance in Maine: Frequently Asked Questions

Does Maine use one floodplain permit form for every mapped area?

No. The state identifies forms based on map conditions, including whether a base flood elevation is shown and whether the area is coastal VE/V1–30. The local ordinance determines what applies. ¹

Can storm-damaged work near Maine waters proceed as a repair without review?

Sometimes, but DEP describes a limited pathway for certain repairs below 50% that do not increase size; replacement or work above the threshold may require a permit. Confirm the project's scope and location with DEP and the municipality. ³

Sources for Builders Risk Insurance in Maine

1
Floodplain Ordinances & Permit Forms. Maine Office of Community Affairs; Permit-form categories keyed to map type, including coastal and floodproofing forms; lines 75–94. Accessed 2026-09-28.
2
Interagency Floodplain Review. Maine Office of Community Affairs; Local ordinance variation, elevation/floodproofing standards, floodway treatment and documentation; lines 50–80. Accessed 2026-09-28.
3
Storm Cleanup, Repair and Rebuilding. Maine Department of Environmental Protection; Repair threshold, replacement/reconstruction and water-adjacent restrictions; lines 30–53. Accessed 2026-09-28.
4
Maine Bureau of Insurance. Maine Bureau of Insurance; Homepage and commercial insurance resources. Accessed 2026-09-28.
5
Insurance License Lookup. Maine Bureau of Insurance; State-designated producer/company search. Accessed 2026-09-28.
6
File an Insurance Complaint. Maine Bureau of Insurance; State complaint process and contact. Accessed 2026-09-28.
7
36 M.R.S. §2531. Maine Legislature; 36 M.R.S. §2531(1)-(2), current page: home-state basis; 3% tax; producer pays on chapter 19 surplus lines. Accessed 2026-09-28.
8
24-A M.R.S. §4433. Maine Legislature; Surplus-lines contracts excluded from guaranty association. Accessed 2026-09-28.
9
24-A M.R.S. §2002-A. Maine Legislature; ECP disclosure and written-request procedure. Accessed 2026-09-28.
10
Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
11
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.
12
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.
13
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.
14
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.
15
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.
16
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 Maine

What Is Builders Risk Insurance?

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

Match the permit and certificate to the effective map

Plan elevation and floodway documentation with the design team

Separate repair from replacement after a storm