Frequently Asked Questions
What is Builders Risk Insurance?
Builders Risk Insurance protects your project during construction. It covers your building, materials, and equipment from things like fire, theft, vandalism, or weather damage, basically anything that could delay your build or cost you out of pocket before completion.
Why do I need it?
- Simple: it’s the line between a bad day and a bankrupt one.
Because even the best-laid plans can run into surprises. Most lenders, cities, and project managers require proof of Builders Risk coverage before you can start or continue construction. It protects your investment and helps keep your project timeline on track.
What does Builders Risk Insurance cover?
- Coverage typically includes:
- Property under construction
- Materials, fixtures, and equipment on-site or in transit
- Temporary structures (like scaffolding, fences, signage)
- Fire, lightning, wind, hail, vandalism, and theft
- You can also add coverage for remodels, model homes, or custom project needs.
What’s not covered?
Builders Risk usually doesn’t cover tools owned by workers, faulty design or workmanship, or normal wear and tear. Don’t worry, we’ll walk you through what’s included and help add the right endorsements for your job.
How long does coverage last?
Policies are written to match your project’s timeline usually 3, 6, 9, or 12 months. If your build takes longer, we’ll help extend it so you’re never left uncovered.
What can I expect to pay annually?
It depends on your project value, location, and coverage term. On average, builders risk policies cost 1–4% of the total construction budget.
Example: a $500,000 project might cost around $5,000–$10,000 for the full policy.
Do you cover remodels or renovations?
Yes, we cover ground-up builds, major remodels, and renovations. Even vacant structures under construction can be insured while the work is in progress.
Can I list my lender or investor as Additional Insured?
Absolutely.. Call us and we can add Additional Insureds , so your certificates are ready when you need them.
What limits should I choose?
Your policy limit should reflect your total completed project value, not just materials or labor. We’ll guide you through recommended amounts based on your plans, lender requirements, and budget.
Can I pay monthly?
Yes! Flexible payment options are available. You can pay in full or break it into smaller monthly payments — no hidden fees, no fine print feathers.
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Payment options are available.
Protect the Plan. Before the Build.
Builder’s risk insurance that covers your project from blueprint to completion. Get started today, coverage built for every foundation, frame, and finish.