Construction

Whether your project is a small renovation to a home, a single house build, a townhouse development, an apartment building, or a bridge, PMU Specialty has the right insurance to protect you now, and after the project is finished. PMU Specialty underwriters have decades of experience working on projects small and large, simple and complex. If you’re building something, we can help! We offer:

• Builders’ Risk: coverage for damage to the project itself during its construction.
• Equipment Breakdown: breakdown of equipment you’ve installed, including during testing (hot or cold) and commissioning.
• Wrap-Up Liability: protects against claims for injuries to people or damage to neighbouring properties, and covers everyone who works on the project, and the project owner.
• Installation Floater: materials and supplies you are responsible for, and which will form part of the project. Also provides coverage while in transit and at temporary premises awaiting installation.
• Contractor’s Equipment: protects your equipment and machinery from loss or damage while being used off-site.
• Tools: covers your tools anywhere in Canada or the continental USA.

• Builders’ Risk limits up to $5 million in-house, including on frame projects. Higher limits available through our markets, including participation in on large projects. No fence or security warranty on small projects.
• Equipment Breakdown limits to $10 million in-house. Testing (hot and cold) and commissioning coverage available.
• Wrap-Up Liability limits to $10 million in-house, with limits up to $50 million available through our markets. Coverage for complex projects is available, including those involving blasting and pile driving. Premiums start at $1,250.
• Installation Floater limits up to $250,000 available in-house.
• Contractor’s Equipment limits up to $2 million / $500,000 any one item.
• Tool floater coverage up to $50,000 available in-house.

Need higher limits? Please just let us know!

• Residential, including frame.
• Single or multi home builds, including tract housing developments (our specialty!).
• Renovations.
• Commercial projects, including renovations and tenant’s improvement build outs.
• Industrial projects of all complexities.
• Bridges, tunnels and dams.

If you can build it, we can probably help insure it.

With decades of experience in the Canadian construction space, and construction specialists on staff, our underwriters have deep knowledge of project exposures, wording complexities, and a creative approach to finding the most economical and comprehensive coverage for your project.