AU Course of Construction

Special type of property insurance, which indemnifies against damage to structures while they are under construction.

New construction requires an insurance partner who understands the industry. Building owners look to protect their ground-up construction projects against both physical damage and liability losses. But it’s not as simple as just providing protection against fire, theft, and vandalism.

Course of construction protects insurable interest in materials, fixtures and/or equipment being used in the construction or renovation of a building or structure should those items sustain physical loss or damage from a covered cause. The coverage is placed for the period that a location is under construction and will generally end once the construction is finished.

The AU Course of Construction program includes coverage for soft costs arising from a covered loss and offers comprehensive coverage with unique features to meet your clients’ needs.

AU Course of Construction Product Highlights

  • Theft coverage with DP3 and Special policy forms available
  • Theft of building materials with a $10K sublimit available
  • Vandalism and Malicious Mischief coverage available
  • Cosmetic renovation projects allowed if value of project doesn’t exceed 50% of the building value
  • Additional Insureds coverage added at no cost
  • Policy Term Options: 3, 6, 9 and 12 months available
  • Deductibles as low as $1,000

Type of Properties Insured

  • Residential, Commercial and Mixed-Use
  • New Construction Projects Up to $2,000,000
  • Projects Up to 3 Stories and 20,000 Square Feet


50 States

Financial Strength

“A” AM Best Rating Lloyd’s Paper

Continuing Innovation

Platform Is API Ready!

Everything you need to insure your client’s Vacant Property is available on AUGold. You can also connect your system to our platform via an API for ease of doing business, eliminating the need for double entry and delivering quotes efficiently

Easy On-line Quoting Platform

Get a Quick Indication or Quote in a Few Minutes

Comprehensive Coverage

  • Package (Property & Liability) or Mono-line Property; Soft Costs
  • Property in Transit & Off-Site Included

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