Dwelling - Renovation / Under Construction

Here's some business you can build on! This program is for one to four family dwellings that are being renovated or are under construction with values up to $1,000,000.

Contact your Underwriter at Sovereign or info@sovereignins.com or 800-843-0843

About Our Agency

Sovereign serves insurance professionals in New York, New Jersey, Pennsylvania & Massachusetts. All programs are not available in all states.

Underwriting Rules

May Effect Eligibility:

  • Liability on risks with unfenced swimming pools
  • Accounts with any type of loss exceeding $10,000
  • Dwellings with more than two losses
  • Risks has existing fire damage

Prohibited Business

  • Dwellings with three or more mortgages
  • Risks with any domestic guard or vicious animals. Prohibited breeds include but are not limited to Chows, Pit Bulls (Staffordshire Terrier, Bull Terrier), Dobermans, Rottweillers and Wolf Hybrids
  • Liability on Dwellings where the insured is doing the construction or acting as the general contractor
  • Bankruptcy / Foreclosure /Repossession within past three years
  • Barns
  • Risks with four or more losses within the last three years
  • Liability on risks with daycare and pools
  • Appurtenant structures without dwelling
  • Woodstoves as a primary source of heat in a PC 9 or 10
Effective Date: 03/07/2014