Insight Risk Technologies, a leading provider of builder’s risk insurance solutions, has launched Deductible Assurance, a breakthrough program that uses advanced water damage prevention technology to enable general contractors to dramatically reduce water damage deductibles on their builder’s risk insurance policies.

General contractors accepted into the new Deductible Assurance program can choose from three carefully selected technology water damage prevention solutions. Each solution offers increasing levels of protection combined with a corresponding deductible buydown with pricing adjustments to help offset technology costs, lowering their water damage deductibles to as low as $50,000 from what typically can be several hundred thousand dollars. As a program designed to address portfolio-level risks, the savings can significantly improve bottom line performance.

Water damage is the leading cause of loss in commercial construction, resulting in what can be significant project delays and loss of profitability for owners and general contractors. Insight Risk’s Deductible Assurance program addresses these financial challenges by reducing the likelihood, frequency and severity of water damage losses.

At the same time, the program provides cost certainty coupled with flexible timing for owners and general contractors. Program pricing estimates are available during bidding, pre-construction, and up until policy binding, allowing contractors and owners to seamlessly integrate insurance costs into their project budgets at the stage that works best for them. Designed to complement most U.S. builder’s risk policies for both new construction and renovation projects, Deductible Assurance serves as an ideal companion to most MBR or project-specific programs and strategies.

“Insight Risk is deepening its commitment to innovative risk management solutions with the Deductible Assurance program. By locking in deductible terms early, contractors and owners have the leverage to negotiate more effectively—whether they’re bidding, placing insurance, arranging loans, or finalizing bonding terms,” said Mike Reich, Chief Underwriting Officer at Insight Risk. “The program rewards project teams that actively manage risk, aligning their interests with carriers while delivering predictability from day one.”

By pairing cutting-edge IoT technology with financial incentives, Insight Risk continues to transform the builder’s risk insurance market with innovative solutions that elevate industry standards while benefiting all project stakeholders.

To learn more about Insight Risk’s Deductible Assurance and how to apply to this exclusive program, visit www.insightrisktec.com.

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