BUILDERS RENOVATIONS APPLICATION FORM
THE ANSW
ERS TO THESE QUESTIONS FORM PART OF AN APPLICATION FOR INSURANCE ONLY. NOTHING IN THIS
APPLICATION SHALL BE DEEMED AN AGREEMENT TO PROVIDE INSURANCE AND UNDERWRITERS MAY DECLINE
TO OFFER COVERAGE OR OFFER COVERAGE ON TERMS THAT DIFFER FROM THE COVERAGE SOUGHT BY THE
APPLICANT.
1. In which state is the property to be insured:
2. Please confirm the type of property to be insured: Residential Commercial Farm Other
3. Has the applicant had any policy of property insurance cancelled or non-renewed in the past 3 (three)
years for reasons other than vacancy ?
4. Has th
e applicant been convicted of the crimes of arson or insurance fraud?
Yes No
5. Is t
he applicant currently involved in bankruptcy proceedings?
6. Is the property to be insured subject to mortgage foreclosure proceedings or tax liens?
7. Is the property to be insured subject to more than 2 (two) mortgages or other cumbrances or a mortgage
provided by an individual or entity other than a financial institution?
8. Is th
e property to be insured condemned, scheduled for demolition, located in Protection Class 9 or 10
or located in a high crime neighbourhood?
9. Does
the existing structure exceed 3 (three) stories or involve adding a storey to the existing structure?
10. Has t
he renovation / remodelling / construction work already begun?
11. Is the
property to be insured any of the following: modular, manufactured or mobile homes, earth homes,
dome homes, open pier, stilt homes, row or town homes, unique, green or experimental or any other
non conventional building?
12. Does
any work involve any of the following: renovation after fire, theft or vandalism, extensive
gutting, demolition or underpinning of an existing building or structure, lead, asbestos or other pollutant abatement?
13. Is the property
to be insured over 75 years old or recognized as an historical building?
14. Will
the property to be insured remain locked & secured against unauthorized entry throughout the policy
period when building is unattended?
15. Does
th
e property to be insured include knob and tube wiring or aluminium wiring or fuses?
16. Is repla
cing the knob and tube wiring or fuses with new wiring and circuit breakers included within project?
17. Is the applicant
acting as Contractor?
18. Are all relevant permits in place and is the Contractor licens
ed?
19. Has the Con
tractor had a minimum of 3 (three) years experience with similar renovation / remodelling /
construction work?
20. Has the Contractor been subject to more than 2 (two) insurance claims, a single insurance claim exceeding
$10,000 or any litigation in the last 3 (three) years arising from or related to its renovation or construction work?
21. Does the project involve structural work or structural repairs or is the renovation/remodelling costs more than 50%
of the existing structure value?
22. Is there a signed
written contract between the applicant and Contractor?
23. Are there any agreements (including but not limited to hold harmless, waivers of subrogation or any other
contractual provision) in place which would relieve any contractors or workers on the project from liability?
24. Are there any documents providing a breakdown of the projected cost of the work?
25. Does
the Contractor carry Commercial General Liability insurance coverage with a minimum occurence
limit of $1,000,000?
ATR – 126 Builders Renovations Application Page 1 of 3