I need to purchase a Builder Risk Policy under a LLC but all the agents I have talked to can only insure under my own name and add the LLC as add'l policy holder.

@Anja Wehrmann I started with Amica back in the "old days" when you had to have a referral from one of their current policyholders 25+ years ago (auto + personal home). 

Yes they can, but it is not the only reason they could offer a higher premium on the renewal.If your area has had a lot storm related claims, like wide spread hail storms, chances are all policy holders in your area will see an increase in premiums. 

Who will insure will depend on location and age of the building.Premium policy holders get placed into groups but they only accept nicer areas and newer properties.

@Natasha M. he is the policy holder, so even if he sells the house to you, he will be the one who gets paid.  

Keep it shady, everyone knows that insurance companies will go to any lengths and make policyholders jump through bizarre hoops to avoid paying out a full benefit.

Most policy holders have a "no more than 2 roomers/boarders" Clause in their policy.

I heard even if the policy has been cancelled, the policy holder could open a case for the damages that has been caused in the past.

It is a better coverage for the policy holder than "Actual Cash Value" (ACV).

Younger policy holders also pay less for the term portion due to low death risk, so it has the appearance that starting young is better.When you get a whole life policy, you are basically paying for term and investment.