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Course of Construction

Course of Construction insurance is a specialty property policy that protects owners, contractors and subcontractors from the devastating impact of fires, floods, vandalism, theft, and other unexpected losses to a construction project.  TruStar’s solution can form part of Owner Controlled Insurance Programs (OCIPs) and Contractor Controlled Insurance Programs (CCIPs), and can be structured for an individual project or as a Master policy.

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Available Capacity:

Up to $50,000,000 for new projects no larger than six storeys, including up to $10,000,000 limits for Wood Frame projects.

Minimum Premium:

$25,000

Target Projects:

  • Single structure condominiums or rental apartment buildings
  • Single structure health and senior care facilities (no larger than four storeys)
  • Multi-structure town home developments (no larger than three storeys)
  • Single family dwellings (both on a single structure and multi-structure basis, including new subdivisions)