Why Standard Property Coverage Falls Short on New Builds
If your client is building a home from the ground up, a standard property policy won’t cut it.
That’s where Residential Course of Construction (COC) coverage comes in—and why more brokers are using it to differentiate, win, and retain builder clients.
This coverage protects against physical loss or damage during construction, including fire, theft, vandalism, and—critically—soft costs like permits, legal fees, and financing delays caused by an insured event.
The AU Gold Residential Course of Construction program was built specifically for these risks, with streamlined broker tools and underwriting support. If you’re not offering COC, you’re likely leaving business (and client relationships) on the table.
Built for Brokers: What Sets AU Gold Apart
AU Gold isn’t just another binder. It’s a broker-first solution built for speed, flexibility, and credibility.
Here’s what makes it stand out:
✅ Property Eligibility
- Residential, commercial, and mixed-use projects
- Up to 3 storeys and 20,000 square feet
- Project values up to $2,000,000
✅ Coverage That Holds Up
- Replacement cost (Multi-Peril only)
- Soft costs, off-site property, and property in transit (each with a $10,000 sublimit)
- Theft of building materials up to $25,000
- Vandalism and malicious mischief
- No-cost additional insureds
✅ Policy Flexibility
- 3, 6, 9, or 12-month terms
- Extendable up to 18 months
- Optional liability coverage (min $1M GL required by builder)
✅ Easy to Place
- Online quote platform for quick indications
- Lloyd’s of London “A” rated paper
- Dedicated contact support
📄 Download the Course of Construction Guide
How AU Gold Opens the Door to More Clients
This program isn’t just about placing one-off builds. It helps brokers:
- Tap into the residential construction boom
- Cross-sell into Builder’s Renovation, Vacant Property, and Dwelling Fire
- Build relationships with real estate investors, developers, and contractors
- Quote and bind quickly—without getting bogged down in underwriting backlogs
It’s a fast path to adding more value and locking in repeat business from high-opportunity clients.
Want help placing your next file?
👉 Talk to Jason Sweet for hands-on support.
When to Recommend Builder’s Renovation Instead
Not every file is a fit for the Course of Construction. If your client is renovating an existing structure—especially adding a second storey, repairing post-loss damage, or remodeling a modular home—you’ll want to pivot to Builder’s Renovation coverage.
Like COC, it includes protection for materials, vandalism, and personal property. But it’s designed to respond to the different risks of working with existing structures.
📄 Download the Builder’s Renovation Guide
Let’s Place Your Next Project—Fast
With AU Gold, brokers get more than a policy—they get a reliable back-end partner, underwriting support, and the tools to grow confidently in the residential construction space.
🎯 Explore the full AU Gold COC program
📞 Connect with Jason Sweet to quote, submit, or brainstorm your next file.
