Builders Risk Insurance

Builders Risk Insurance can be a bit misleading, not only does this coverage option cover a contractor and his or her employees but also the owner of the property being built, lending institutions, etc. Builders Risk Insurance protects your property, materials, fixtures and/or equipment being used in construction, or renovation of a building or structure should those items sustain physical loss or damage from a covered cause.

Some features of this specific type of coverage include:

  • Building Coverage – Helps cover the building and structures at the described premises including: Garages, storage buildings, swimming pools, fences, retaining walls, both completed additions and additions under construction and other appurtenant structures. Building coverage also includes owned personal property used to maintain or service the building and premises.

  • Comprehensive General Liability – To help protect the insured against legal liability caused by bodily injury, property damage, personal injury, and advertising injury to others.

  • Equipment Breakdown – Provides coverage for damage to covered property caused by mechanical breakdown of covered equipment, artificially generated current damaging covered equipment, explosion of steam boilers or loss of steam/hot water boilers.

  • Ordinance and Law – Covers the increased cost to repair or rebuild due to the enforcement of municipal laws or ordinances regulating the construction or repair of damage buildings caused by an insured loss.

  • Identity Restoration – Coverage for the chance you, the business owner, become a victim of identity theft.

Every business is different. Click here to read more on Builders Risk Insurance or contact us using the button below.

Any coverage discussed on this website is not bound until communicated to you. To get a professional opinion personalized for your needs please do not use this website solely and contact an insurance agent using the "Contact Us" button above.

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