Insurance Products

• HBW Insurance Services LLC (HBWIS), with over ten years of underwriting experience, is the premier managing general agent ("MGA") for Commercial General Liability, Builder’s Risk and Excess Insurance for the residential construction industry.  All of the products offered are part of the 2-10 HBW Asset Protection Program® (APP).
• HBWIS, as MGA, offers Commercial General Liability (CGL) and Builder's Risk (BR) products for residential homebuilders constructing single-family and multi-family homes.

Please call us today at (800) 793-5884 for more information.

APP Core Policy   

• HBWIS offers Commercial General Liability (CGL) products for residential homebuilders constructing single family and multi-family “non-condominium” type homes.  All of the APP Products are unique to the insurance marketplace, because they allow HBWIS to provide proactive protection to the residential homebuilder.
• The APP Suite of Products provides critical risk management for the residential home builders through the use of an approved insured new home warranty as well as contract language which helps mitigate construction defects and related litigation.

APP Project^SM Policy   

• Do you form an LLC for specific residential construction projects or build projects with residential units of 10 or more homes in one location?
• APP Project^SM can provide you the protection needed in one policy which is offered at the beginning of each project!
• Specific project with construction term up to 36 months, including condominiums in some states.
• Completed operations coverage post closing for the lesser of 10 years or state statute of repose.

Project WrAPP^SM Policy   

• Do you form an LLC for specific residential construction projects or build projects over 10 homes in one location?  Are you concerned about the unavailability or inadequacy of subcontractor’s insurance?
• Project WrAPP^SM policies can provide the protection needed in one policy offered at the beginning of each project!  This WrAPP product provides coverage for you and your subcontractors under this single policy.

APP Lite^SM Policy   

• While we recommend clients buy broad coverages and proper limits of liability, the client ultimately makes the choice on how much insurance protection to purchase.  Knowing the price conscious choices builders must sometimes make, HBWIS offers APP LITE^SM policies.
• APP LITE^SM includes coverage restrictions in exchange for premium reductions.  An APP LITE^SM policy coupled with the HBWIS risk management commitments, is an alternative that arguably may offer more protection than other coverage restrictions seen in the marketplace.

APPRRG^SM Program   

• The APPRRG^SM Program is a Risk Retention Group, owned by the builder members.  Qualifying members typically exceed $60 million in annual revenues.
• Many coverage restrictions in Commercial General Liability (CGL) insurance policies are being used by insurance companies to address the high construction defect loss ratios that continue to plague the residential construction industry.  Builders have little, if any, control over the coverage restrictions that are placed on their CGL policy.
• The APPRRG^SM Program provides the builder members the vehicle to be a decision maker in the insurance coverage offered to the members.  In other words, the APPRRG^SM puts the builders in control of their CGL insurance coverage.
• Capital requirements $300,000

Builder's Risk Policy   

• HBWIS offers Builder's Risk insurance policies for builders whose primary business is single and multifamily residential and / or small commercial construction.  Builder's Risk insurance is available on a Mono-Line basis; it is most often written in conjunction with our Commercial General Liability Insurance.