Abacus Insurance Brokers Inc. has launched an online builder's risk program.

Eligible projects in the builder's risk program include apartments, townhouses, condominiums, dwellings, strip malls and office buildings. New projects and cosmetic renovations are covered. Coverage is available in 49 states and Washington, D.C. and is insured through an A-rated admitted market.

Residential construction projects may be covered up to $1 million in value and commercial construction projects up to $25 million in value. Construction terms are available for up to 24 months.

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