What Is Builder’s Risk Insurance?

Builder’s Risk Insurance is a specialized type of property insurance designed specifically for construction projects. Standard property policies typically do not cover structures that are under construction. Builder’s risk fills that gap by protecting the building, materials, and equipment during the construction phase.

Coverage can be customized based on the size, value, and duration of your project—so you’re only paying for what you need.

What Does Builder’s Risk Insurance Cover?

Builder’s Risk Insurance typically includes coverage for:

• Buildings and structures while under construction
• New construction, renovations, and remodels
• Construction materials, supplies, and fixtures on-site
• Fire, theft, vandalism, and certain weather-related losses
• Materials in transit or temporarily stored off-site (optional)
• Partial losses that could otherwise cause costly delays

Coverage is designed to remain in place until the project is completed or occupied.

Who Needs Builder’s Risk Insurance?

Builder’s Risk Insurance is commonly used by:

• General contractors
• Property owners
• Real estate developers
• Home builders
• Investors renovating or flipping properties
• Commercial construction projects

In many cases, lenders and investors require builder’s risk coverage before construction begins.

Why Builder’s Risk Insurance Is Important

Construction projects face unique risks that traditional insurance doesn’t cover. Without builder’s risk insurance, a single incident could result in significant out-of-pocket costs or major project delays.

Builder’s risk insurance helps:

• Protect your financial investment
• Reduce exposure to unexpected losses
• Keep projects on schedule after a covered loss
• Meet lender or contract insurance requirements
• Provide peace of mind throughout the build

Coverage Tailored to Your Project

No two construction projects are the same. Builder’s Risk Insurance can be customized to reflect:

• Project value and scope
• Construction timeline
• Residential or commercial use
• On-site and off-site materials
• Additional insured parties as needed

As your project evolves, coverage can often be adjusted to match changes in value or timing.

Get a Builder’s Risk Insurance Quote

Protect your project before the first nail is driven. Our team works with top-rated insurance carriers to provide competitive builder’s risk coverage tailored to your construction needs.

Request a quote today or speak with a construction insurance specialist to make sure your project is properly protected from start to finish.