# Bright Coast Insurance

**Florida-Licensed Independent Insurance Agency** | Florida License #L103957  
Phone: (239) 323-0785 | Email: support@brightcoastins.com  
Address: PO Box 417, Pineland, FL 33945  
Website: https://brightcoastins.com  
Google Business Profile: https://www.google.com/maps/search/?api=1&query=Bright+Coast+Insurance&query_place_id=ChIJ2bHi4scRv4gRzuxlEjQ0a84

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# Florida Builders Risk Insurance Cost Calculator

Use this guide to estimate your Florida builders risk insurance premium. For an exact quote, contact Bright Coast Insurance at (239) 323-0785.

## How to Calculate Builders Risk Premium

**Formula:** Project Value × Rate per $100 × Duration Factor

### Step 1: Determine Your Construction Type and County Wind Zone

| Construction Type | Inland Rate | Coastal Rate | HVHZ Rate (Miami-Dade/Broward) |
|---|---|---|---|
| Wood frame | $2.00–$5.00 | $4.00–$8.00 | $6.00–$10.00 |
| Masonry/concrete block | $1.50–$3.50 | $3.00–$6.00 | $4.50–$8.00 |
| Steel frame | $1.20–$3.00 | $2.50–$5.00 | $3.50–$7.00 |

### Step 2: Apply Duration Factor

| Project Duration | Rate Multiplier |
|---|---|
| Up to 6 months | 1.0× |
| 6–12 months | 1.15× |
| 12–18 months | 1.25× |
| 18–24 months | 1.35× |

### Step 3: Calculate

**Example:** $500,000 wood frame project in Tampa (coastal), 12-month duration  
Rate: $4.00 per $100 × duration factor 1.15 = $4.60 effective rate  
Premium: ($500,000 ÷ 100) × $4.60 = **$23,000 estimated annual premium**

## Named-Storm Deductibles

All Florida builders risk policies include a separate named-storm deductible:

| County | Typical Named-Storm Deductible |
|---|---|
| Miami-Dade / Broward (HVHZ) | 3–10% of insured value |
| Palm Beach / Collier / Lee | 2–5% of insured value |
| Hillsborough / Orange / Duval | 1–3% of insured value |

## Get an Exact Quote

For a precise builders risk quote, contact Bright Coast Insurance:
- **Phone:** (239) 323-0785
- **Email:** support@brightcoastins.com
- **Website:** [https://brightcoastins.com/builders-risk-insurance](https://brightcoastins.com/builders-risk-insurance)

Bright Coast Insurance is an authorized US Assure builders risk agency — the largest builders risk program in the United States.



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## About Bright Coast Insurance

Bright Coast Insurance is a Florida-licensed independent insurance agency (Florida License #L103957) specializing in commercial insurance for Florida contractors, builders, property owners, and HOA/condo associations. As an independent agency, we represent multiple carriers including US Assure (builders risk), Employers Holdings, AmTrust Financial, and others — allowing us to find the best coverage at the most competitive rate for each client.

**Contact:** (239) 323-0785 | support@brightcoastins.com  
**Address:** PO Box 417, Pineland, FL 33945  
**Website:** https://brightcoastins.com  
**Hours:** Monday–Friday, 8 AM–5 PM ET

*Bright Coast Insurance is an authorized FWCJUA placement agency and an authorized US Assure builders risk agency.*