Construction Insurance Application & Minimum Submission Times

 

Any project that requires the Owner to place the construction insurance that is reported to us AFTER the start of construction MAY NOT be placed into the Construction Insurance Program and may require you as Owner to arrange the necessary insurance placement. Please report projects to us well in advance of the Project Start Date.

 

Construction projects with an estimated value under $5 million should have the contractor place the construction insurance.  The Contractor Insured Risk Provisions located at the Mandatory Changes section include language requiring the contractor to place the construction insurance.  

 

Construction projects with an estimated value greater than $5 million, or where the Owner has contractually agreed to place the construction insurance, come through our office to have the construction insurance placed in the Construction Insurance Program. construction insurance.  

 

Construction Insurance Application forms for:

• Projects with estimated value between $5 million and $75 million: SUCIPP_Construction Application_under 75M

• projects with estimated value over $75 million: SUCIPP_Construction Application_over 75M

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MINIMUM Submission Times

A. 4+ months prior to start of construction work:

• Projects with estimated value over $75 million

• Projects with estimated value between $5 and $75 million, AND the Ministry has declined to self-insure the COC:

  • Submit a completed application AND all required supporting documentation. Please note that a "Water Mitigation Report" may be required for Course of Construction coverage with an estimated value greater than $60 million

 

B. 6+ weeks prior to the start of construction work:      

• All other projects

• We can often start the process with a partially completed application