Coverage for construction projects during the building phase. Protecting your investment from ground breaking to completion.
Key Features
Coverage Details
Protection for buildings and structures under construction against fire, weather, theft, and vandalism.
Coverage for construction materials on-site, in transit, or at temporary storage locations.
Additional expenses like loan interest, permits, and professional fees if a covered loss delays completion.
Protection for construction equipment and tools used on the project.
Who Needs This
Builders Risk insurance is essential for businesses that want to protect against specific risks in their operations. Here's who typically needs this coverage:
FAQs
Either the property owner or general contractor can purchase coverage. Contract terms typically specify who is responsible.
Typical exclusions include faulty workmanship, design defects, and employee theft. These may require separate coverage.
Coverage typically ends at project completion, certificate of occupancy, or policy expiration — whichever comes first.
Insights
Whether you sell from a storefront, a website or both, here is how to protect inventory, shipments, customers and your online operations.
Everything builders and construction managers need to know about protecting their projects with proper insurance coverage.
Learn how coinsurance works in property insurance policies and why maintaining adequate coverage limits matters.
