A Builders Risk insures a structure while under construction. This coverage safeguards the insurable interest of individuals or organizations in materials, fixtures, and/or equipment intended for installation during building construction or renovation. It ensures protection against physical loss or damage caused by covered perils. Often mandated by government regulations or as a stipulation for banking or contractual agreements, this policy does not extend coverage to workplace accidents, injuries, or liability issues.

Project Type: Remodeling Projects typically entail a higher cost depending if the existing structure is included along with structural changes. Location: Proximity to coastal areas, wildfire states, flood zones and Wind/Hail prone-areas often require higher rating. Construction Type Optional Coverages: such as Earthquake and Flood, if eligible in your area.

Yes, Installment Plans are available for premiums over $500.

Before selecting the appropriate policy or coverage options, it's essential to collaborate with the builder or owner to ascertain the overall completed project value. The term "total estimated completed value" encompasses all expenses associated with the construction and design of the Covered Property, encompassing labor, overhead, materials, and, if applicable, profit. Covered costs for the total estimated completed value may include, but are not limited to: Materials like windows, landscaping, and pools. Design expenditures such as architect fees, site lighting, existing facilities, analysis, and zoning modifications. Overhead disbursements such as payroll, utilities, and administrative fees.

No, Builders Risk’s policies do not provide coverage for liability coverage, this coverage will need to be purchased separately if required and something we can help you with.

We have been providing Builders Risk coverage to thousands of clients for over four-decades. We have a deep understanding of how to provide custom solutions that best suit your needs, and provide same day service. We only use A rated insurance carriers with the most competitive pricing and coverages due to our long-standing relationship with our carrier partners.

Builders Risk policies are fully earned premiums unless otherwise stated on the declaration page of the policy.

The payment link will be sent directly to the provided email address at time of issuing coverage. The customer can choose an installment plan (if applicable), and can either pay online by credit card or EFT or Pay-by-Phone.

The policy will be issued immediately upon payment approval along with any certificates required for lenders and/or additional interests.

Upon policy issuance, a 24/7 phone number and contact information will be provided to file any claims.