Builders Risk (Course of Construction)

• Structures under construction, materials, equipment, and temporary works
• Fire, theft, vandalism, and certain weather perils during the build
• Soft costs, delay-in-completion, and Ordinance or Law endorsements available
• Required by virtually every Arkansas construction lender before closing
• Should extend through the inspection and certificate of occupancy process

Arkansas's diverse job sites can present theft exposure for staged materials - ensure limits are set at full completed value to avoid a coinsurance shortfall.

General Liability

• Third-party bodily injury and property damage at your Arkansas project site
• Premises liability extending into the post-construction ownership period
• Additional Insured, Primary & Noncontributory, and Waiver of Subrogation for lenders and GCs
• Per-Project Aggregate for developers running multiple simultaneous Arkansas sites

Your GL needs vary at each phase - site security and pedestrian liability during construction, then tenant and visitor premises liability once occupied. Ensure your policy structure transitions cleanly to avoid gaps.

Developers Professional Liability

• Protection against design, planning, and project management errors
• Claims alleging negligent site selection, feasibility analysis, or development oversight
• Distinct from a GC's Contractors E&O - addresses the developer's own decision-making exposure
• Particularly relevant for developers taking on design-build delivery or direct project management roles

If your firm makes development-level decisions, Developers Professional Liability addresses claims that those decisions caused financial harm.

Workers' Compensation

• Required by Arkansas law for any developer or owner with employees on-site
• Covers your own site supervisory and maintenance staff
• Doesn't replace each GC's and subcontractor's own WC - verify their coverage separately
• Owner-Controlled Insurance Programs (OCIP) are common on larger Arkansas developments

Larger Arkansas developments often use an OCIP wrap-up, which covers WC and GL for enrolled contractors under one master policy.

Surety Bonds

• License and permit bonds for development entity registration where applicable
• Performance and payment bond requirements that flow through from your GC contracts
• Required on Arkansas public-private partnership projects
• Subdivision and site improvement bonds for local approvals

Arkansas site plan approvals frequently require performance bonds for public infrastructure improvements tied to the development.

Permanent Property & Landlord Liability (Post-Construction)

• Commercial property coverage replacing Builders Risk once construction is complete
• Landlord/premises liability for tenant and visitor injuries
• Loss of Rents coverage for vacancy or unit downtime after a covered loss
• Satisfies Arkansas liability requirements once units are occupied

Once tenants move in, the project needs landlord liability meeting Arkansas's statutory minimums and local rental registration requirements.

Commercial Umbrella / Excess Liability

• Extra limits over GL, Auto, and Employers Liability - typically $5M-$25M+
• Often required by lenders and institutional partners
• Activates when a judgment or settlement exceeds underlying policy limits

Arkansas development deals frequently specify total liability as a financing condition. An umbrella is the most cost-efficient way to reach those thresholds.

Pollution Liability (Site & Environmental)

• Addresses contamination conditions discovered during site acquisition or development
• Relevant for sites with prior industrial use
• Covers cleanup costs and third-party claims from environmental conditions
• Often required as a condition of state redevelopment financing

Environmental due diligence before acquisition, paired with Pollution Liability, protects against inheriting cleanup obligations from a prior owner's contamination.

State Financing Compliance

Developers using state financing programs face specific compliance documentation requirements, often including proof of insurance coverage as a condition of funding disbursement. Coordinate your insurance program directly with your financing team to ensure all requirements are met.

Site Plan & Building Permits

Development projects in Arkansas require site plan approval and building permits through local authorities, with inspections at each phase. Larger projects may also require additional approvals, which can carry their own bonding and insurance conditions.

Rental Registration

Once a residential development is ready for occupancy, Arkansas rules require rental property registration before any unit can be leased. Insurance certificates are part of this compliance process, and state law sets minimum liability insurance requirements for rental property owners.

Environmental Obligations

Developers acquiring sites with prior industrial use may inherit environmental assessment and remediation obligations. Conduct thorough due diligence to avoid unexpected liabilities.