For many brokers, residential Course of Construction insurance is more trouble than it’s worth. Paperwork limbo, inconsistent underwriting, and long response times can turn a routine new-build into a time suck.
That’s exactly why the AU Gold program was built.
Whether you’re quoting a single custom home or looking to expand your brokerage’s construction offering, AU Gold lets you place COC business quickly—with confidence and control.
Start With the Right Project File
Here’s what makes a file a strong fit for AU Gold:
- Residential, commercial, or mixed-use new builds
- Up to 3 storeys and 20,000 sq. ft.
- Project value up to $2,000,000
- Ground-up construction only (not major renovations)
The builder doesn’t need to be incorporated or volume-based. Owner-builders and smaller contractors are welcome—as long as they carry a minimum $1,000,000 Commercial General Liability (CGL) policy.
Need help assessing eligibility? Jason Sweet can walk you through it.
Submit These Details to Get Quoted Fast
Underwriters don’t want 40-page PDFs—they want clarity. Here’s what you’ll need to get a proper quote:
- Full property address and intended use
- Total project value and estimated start date
- Construction type (wood frame, concrete, etc.)
- Any site-specific risks (e.g. floodplain, vacant lot history)
- Proof of builder’s GL (or commitment to obtain it)
AU Gold is designed to move fast. Most quotes are returned the same day if the submission is clean.
Don’t Forget the Soft Costs
One of the easiest ways to derail a quote—or underinsure your client—is to leave out soft costs.
That includes:
- Financing and interest
- Permit and license fees
- Legal, accounting, and architectural costs
- Realty tax assessments
If a loss delays the project, those costs pile up. AU Gold includes $10,000 in soft cost coverage—but you need to flag the exposure in the submission. Don’t skip it.
Watch for These Common Pitfalls
Avoid delays by sidestepping these common red flags:
- Builder doesn’t have CGL in place
AU Gold requires it. If they don’t have it yet, connect them with a CGL provider before submitting. - Misclassifying a reno as new construction
If the foundation or framing is being reused, it’s likely a better fit for Builder’s Renovation coverage.
📄 Download the Builder’s Renovation Guide - Submitting mid-project
Files submitted after framing or mechanicals are underway may need underwriting referral. Submit early.
Use the AU Gold Platform to Quote in Minutes
You don’t need to wait on paper applications. AU Gold gives brokers online access to:
- Quick quote indications
- Full application and bind
- Policy extension tools
- No-charge additional insureds
It’s everything you need to place COC business—without bouncing between underwriters and portals.
📄 Download the Course of Construction Product Sheet
Have a File You’re Ready to Submit?
AU Gold is built for brokers who want fast answers, flexible coverage, and responsive service.
If you’re holding a file that fits—or you want a second opinion before submitting—reach out to Jason Sweet and place it with confidence.
