Ever hear that old expression?  Its about being surrounded by an ocean of water that you know you can’t drink.  Add a few sharks and it’s not a very pleasant thought.  Well, home builders are surrounded by people wanting to buy homes, but few can afford them.  When you do find a buyer, how often have you been faced with a shortage of skilled labor or skyrocketing materials costs?  We share your frustration.  We find ourselves in a robust economy and it seems we’re being denied a chance to participate.  All these things drive up the cost of the homes that are being built making them even less affordable as demand increases.  The result is one of the worst housing shortages in recent times.   

We at the RWC Insurance Advantage wish we had some one-size-fits-all solution to suggest, but we all know that’s not how things work.  But we’re in this with you. Insuring home builders is all we do.  We do our best to adjust to changing conditions.  For example, our preferred insured builds single family homes only.  That’s no longer realistic.  Do you build duplexes, townhomes, or have you added more remodeling or renovation projects? No problem.  Have a mix of residential and small commercial projects?  Let’s talk.  We define small commercial as one to three story offices and strip malls.  We also insure builders who specialize in modular and panelized homes.  These are the types of construction we see our member builders excel at as they adapt to this ever changing, always challenging market.

And don’t forget the RWC warranty is the key element in our liability loss control, which is one of the great advantages  of the RWC Insurance Advantage.  When a warranty issue is addressed early, it is far less likely to turn into a serious liability claim later saving you time, money, or even damage to your business reputation.  And with the same company insuring the warranty and the liability, you’ll never be caught in the middle of a coverage dispute.

So hang in there.  The current market will change one day just like all the others.  Adjust your sail to the wind and we’ll do the same.  Give us a call at 866-454-2155 to discuss your evolving insurance needs, or click here to get a quote.

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