Builder's Risk

Protect Insured property
while under construction.

Builders Risk Insurance is an insurance policy written and designed specifically to protect and insure property which is proposed for, or presently under, construction.

Builders Risk insurance may cover any structure and/or materials on the insured building site; some materials on site waiting to be installed; materials being transported to the site. Most Builders Risk policies will have an agreed upon limit of coverage determined by the project value or construction budget, including but not limited to, building materials and labor costs associated with the proposed construction.

Most Builders Risk policies are written for a specific term established at the time of purchase. Common terms of coverage are three, six, or twelve months, with extensions available should construction extend beyond the projected time for completion.

Standard coverages in a Builders Risk policy may include:

  • Theft
  • Vandalism
  • Fire
  • Wind
  • Lightning
  • Hail
  • Explosion