We partner with 100+ insurance companies you can count on.
What Is Builders Risk?
Builders Risk insurance covers physical loss or damage to a structure under construction — including the building, materials on site, and equipment in transit. Coverage runs from groundbreaking through project completion, filling the critical gap that standard property policies leave open during the construction phase. It protects owners, general contractors, and developers against losses that can stall a project for months and cost far more than the premium ever would.
What Does Builders Risk Cover?
A Builders Risk policy responds to physical loss or damage from a covered cause of loss — fire, windstorm, theft, vandalism, and more. Coverage applies to the structure itself, materials stored on site, and materials in transit or temporary storage. Certain endorsements can extend protection to soft costs, water intrusion, business income loss, flood, and earthquake — coverages that are often overlooked but critically important depending on the project.
Fire damages framing before close-in
Storm collapses partially completed structure
Theft of materials delays the project
Key Features of Builders Risk
Covers the project from groundbreaking to completion
The policy attaches when construction begins and follows the project through each phase, providing continuous protection until the structure is turned over or the policy period ends.
Protection for materials on site and in transit
Coverage typically extends beyond the structure itself to include materials stored at the job site, in temporary off-site storage, and while being transported to the project location.
Can include soft costs and delay coverage
Endorsements may be available to cover additional expenses resulting from a covered loss, such as architectural fees, permit costs, carrying charges, and lost rental income due to project delays.
Builders Risk Made Simple
Straight answers to the questions owners, contractors, and agents ask most — before something goes wrong.
