Case Study: Helping a DFW Custom Homebuilder Reduce Builder’s Risk Costs by 40%
Client Overview
The client is a custom residential homebuilder operating in the Dallas–Fort Worth (DFW) area, constructing approximately 6–10 homes per year. Each project represents a significant investment, making comprehensive and cost-effective builder’s risk coverage a critical component of their overall risk management strategy.
The Challenge
The homebuilder faced steadily increasing builder’s risk premiums driven by market conditions rather than loss experience. As they prepared for a new upcoming project, another rate increase prompted them to seek alternatives.
Our Approach
As a risk advisor specializing in construction insurance, Professional Insurance Agency reviewed the builder’s existing coverage. Because the client was a member of their local Home Builders Association (HBA), we placed them in the HBA EZBuild Builder’s Risk Program. The solution included:
• Moving from traditional quoting markets into the HBA EZBuild program
• Matching existing deductible structures
• Providing comprehensive coverage
• Allowing prorated cancellation after the first year
Results
• 40% reduction in builder’s risk premium
• Maintained deductible levels
• Broader, more comprehensive coverage
• Increased flexibility and peace of mind
Why It Worked
By leveraging industry-specific programs and a consultative approach, Professional Insurance Agency helped the builder secure cost savings without sacrificing coverage.
Takeaway for Homebuilders:
If you are planning a new project, now is the ideal time to review builder’s risk coverage. Programs tailored to homebuilders can deliver significant savings while maintaining strong protection.
Contact us today to learn more.
