Property Insurance

Builder's Risk Insurance

Builder's risk insurance provides crucial coverage for construction projects, protecting against potential damages or losses due to accidents, theft, vandalism, or unforeseen events.

Coverage Types

01

Property Damage Coverage

Covers physical damage from fire, storms, and vandalism during construction.

02

Theft & Vandalism Coverage

Protects construction materials and equipment from theft and intentional damage.

03

Weather-Related Damage

Coverage for wind, hail, flooding, and other weather-related damage to construction projects.

04

Tools & Equipment Coverage

Covers on-site machinery and tools for repair or replacement.

Who Needs Builder's Risk Insurance?

Builder's Risk Insurance is designed for a variety of individuals and organizations. Find out if this coverage is right for you.

Get a Personalized Quote

General Contractors

Protection against fire, storms, and theft of materials on job sites.

Property Owners

Investors safeguarding their investment during renovations or new builds.

Subcontractors

Coverage for specific work and materials contributed to a project.

What Affects Your Premium

01

Project size and scope

02

Geographic location (severe weather, crime rates)

03

Construction timeline duration

04

Type of construction materials used

Frequently Asked Questions

Who needs builder's risk insurance?

Property owners, contractors, subcontractors, and project lenders should all consider builder's risk coverage for construction projects.

What does it cover?

It typically covers damages to the building under construction, construction materials, and equipment on-site, including fire, theft, vandalism, and weather damage.

Does it cover worker injuries?

No, worker injuries require workers' compensation or general liability insurance. Builder's risk covers property and materials.

How long does coverage last?

Coverage is effective for the construction period and may require renewal if the project extends beyond the original timeline.

We compare Builder's Risk rates from leading carriers

ProgressiveTravelersHartfordLiberty MutualSafecoHeritageUniversalNational GeneralNCJUAHagertyHalifax MutualForemostJohnson & JohnsonTower HillSageSureOrion 180OrchidJM WilsonFMCAB

Get Your Builder's Risk Quote Today

Our licensed agents will help you find the right builder's risk coverage at the best rate. No obligation, no hassle.