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Builders Risk Insurance

Coverage for a structure while it's under construction or major renovation, active from the day ground is broken until the certificate of occupancy is issued.

Get a quote for Builders Risk

What it covers

  • The structure itself while under construction, before it's occupied
  • Materials and supplies on-site awaiting installation
  • Fire, wind, and other named perils during the construction period
  • Theft of materials or fixtures from the jobsite
  • Coverage that ends at project completion, transitioning to standard property coverage

What it doesn't cover

  • Tools and equipment used by the contractor (that's Inland Marine)
  • The contractor's own liability for injuries on-site (that's General Liability)
  • Existing structures not part of the active construction project
  • Delays or cost overruns themselves, only physical loss

Who needs this

Builders, developers, and property owners with an active construction or major renovation project, during the specific window when the structure isn't yet a finished, occupied building.

From our horror stories

The Framing That Burned Before It Was Finished

A house under construction catches fire from an electrical short before the building is anywhere near ready for a standard homeowners or property policy.

Read the full story →
Common questions

Builders Risk FAQ

When exactly does this coverage start and end?

Typically from the day ground is broken until the certificate of occupancy is issued, at which point standard property coverage should take over.

Do I need this for a renovation, not just new construction?

Yes, for major renovations that significantly open up the structure. Ask us about the scope of your specific project.

What happens if construction is delayed?

Most builders risk policies have a set term and may need to be extended if the project runs long. Let us know early if a delay looks likely.

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