Protect your Projects From Start to Finish
Builder’s Risk
Our coverage
Safeguard your construction projects with Builder’s Risk Insurance, providing comprehensive coverage for:
Builder’s Risk Insurance
Builders Risk Insurance is essential for protecting construction projects from the ground up. It’s designed to shield your investment from unforeseen events, ensuring that the project can move forward, even in the face of setbacks. Like damage to the structure, material and equipment, soft costs, theft and vandalism and weather-related damages.
This is pivotal for safeguarding construction projects from unforeseen damages and financial setbacks. This specialized insurance is designed to protect the structure under construction, along with materials and equipment, against a wide array of risks until completion.
- Property Owner
- General Contractor
- Real Estate Developers
- Custom Home Builders
- Renovation Contractors
- Investors
- Architects and Builders
Project Completion
Policy Expiration
Ownership Transfer
Navigating the Finish Line: Understanding Builders Risk Insurance Completion
This tailored insurance is your project’s shield against a myriad of risks until it reaches a definitive point of completion or another specified endpoint. Each Builders Risk policy has clear conditions outlining when coverage will cease. Recognizing these conditions helps in planning the next insurance steps, preventing any lapse in protection. Whether it’s the joyous occasion of project completion, the technicality of policy expiration, or the strategic move of property ownership change, knowing these triggers is key to maintaining continuous coverage for your valuable asset.
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Reach out to us today to experience personalized service and comprehensive coverage tailored to your needs.
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St. Augustine, FL
32086, United States
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What is Builder’s Risk Insurance?
Builder’s Risk Insurance is a specialized property insurance that covers buildings and structures under construction or renovation. It protects against damage from fire, theft, vandalism, weather events, and more during the construction phase.
What does Builder’s Risk Insurance cover?
It covers damage to:
- Buildings under construction
- Materials, equipment, and supplies on-site or in transit
- Temporary structures (e.g., scaffolding, fencing, signs, trailers)
- Debris removal and cleanup costs after a covered event
What risks are covered under Builder’s Risk Insurance?
Most policies protect against:
✔ Fire
✔ Theft & vandalism
✔ Windstorms, hail, and lightning
✔ Explosions
✔ Vehicle or aircraft damage
How long does Builder’s Risk Insurance last?
Coverage starts when construction begins and ends when the project is completed or when the building is occupied. If construction is delayed, a policy extension may be required.
How much does Builder’s Risk Insurance cost?
The cost depends on:
- Project value (higher costs for larger projects)
- Location and risk exposure
- Construction materials used
- Length of the project
Most policies cost 1–5% of the total construction budget.
Can Builder’s Risk Insurance cover subcontractors' materials and tools?
It covers materials, fixtures, and equipment on-site, in transit, or in storage. However, contractors' tools and personal equipment are usually NOT covered—a separate Inland Marine Insurance policy is needed for that.
Is Builder’s Risk Insurance required?
While not always legally required, many project owners, lenders, and contracts mandate Builder’s Risk coverage to protect against financial losses during construction.
How do I file a claim under Builder’s Risk Insurance?
If a covered loss occurs:
Document the damage (photos, reports, receipts)
Notify your insurance provider immediately
Submit an official claim with supporting documents
Work with adjusters to assess the loss and get reimbursed
