Reference Sources
- National Association of Insurance Commissioners (NAIC)
- Builders Risk Insurance Overview
- https://content.naic.org
- The Hartford – Builders Risk Insurance Guide
- Comprehensive explanation of cost drivers including location, construction material, and coverage level.
- https://www.thehartford.com/insights/construction/builders-risk-insurance
- Insurance Information Institute (III)
- Understanding Builders Risk Insurance
- https://www.iii.org
- Nationwide – Cost Calculator and Factors
- Provided average base rates and factors for urban/rural, wood vs steel construction.
- https://www.nationwide.com/business/insurance/construction/builders-risk/
- Marsh McLennan – Builders Risk Cost Data 2023 Report
- Industry report used for base rate estimation (1–2% annually of total project value).
- https://www.marsh.com
- Construction Industry Institute (CII)
- Research on construction risk exposure by material type and project duration.
- https://www.construction-institute.org
- AXA XL Insurance – Builders Risk Underwriting Guide
- Insight into premium adjustments for coverage tiers and geographic risk.
- https://axaxl.com
