Construction to permanent
The handoff nobody owns
Continuous coverage from builder's risk through occupancy, substantial completion and permanent loan conversion. Target conversion Nov 15, 2026.
01
90–60 days
Confirm the dates
- Confirm occupancy and conversion dates
- Update values, entities and permanent underwriting
- Refresh the TIV and business-income worksheet
02
60–30 days
Resolve structure
- Resolve CAT, flood, deductible and clause items
- Quote permanent coverage
- Circulate exception packages still open
03
Before occupancy
Consent and responsibility
- Obtain builder's-risk carrier consent
- Document insurance responsibility during partial occupancy
- Confirm contractor coverage remains in force
04
At conversion
Bind and evidence
- Coordinate permanent binding
- Issue evidence to lender, investor and HFA
- Review builder's-risk cancellation timing
05
Post-close
Deliver and calendar
- Deliver final policies and endorsements
- Track renewal evidence and ongoing covenants
- Hand the record to servicing