Real estate development insurance in Virginia, North Carolina and Maryland.

Real estate development requires specific insurance coverages throughout all phases of the project. We’ll help you manage the risk so you can stay focused on the project.

From the beginning stages of a project through the end, real estate development requires various insurance coverages. We have the markets to provide protection from the initial raw land or vacant building purchase, through completion.

The builders risk phase protects the ongoing construction project and some of the soft costs associated with planning and development, such as professional fees, permit fees, additional interest and certain other costs of the planning phase.

Building projects would require general liability insurance to protect the developer apart from the general contractor as the construction is underway. Insurance protection can also be purchased to protect the historical tax credits that would be lost due to damage to an historical structure.

Whether it’s small projects or large projects (up to $45,000,000), new construction, renovations, apartments or hotels, we can help make sure you have the coverage you need, and in some cases, we can package coverage together and offer significant cost reductions.

To ensure you have the proper coverages for your next project, contact us today.

Let’s discuss your real estate development insurance.

One of our insurance advisors will reach out to you to review your information and present you with the appropriate real estate development insurance solution. There’s no obligation, just good-old-fashioned advice.
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WBA Insurance offers comprehensive real estate development insurance in Virginia, North Carolina and Maryland.