Builder's Risk Insurance

A builder's risk insurance policy is important for any general contractor or property owner who is building a building or a home or making structural improvements to a property. This type of insurance is often purchased by the owner of the building or property. Many times, however, it is contractually required that the general contractor is covered as well. Because this is a type of property insurance, builder's risk insurance does not provide liability coverage.

A builder's risk insurance policy will cover against losses due to fire, lightning, wind, vandalism, theft, and other natural forces. Coverage lasts during the period of construction and ceases once construction is completed.

The following information will be needed in order to obtain a builders risk insurance quote:

  • Cost of project
  • Description of project
  • Copy of contract
  • Type of construction (New construction or remodel)
  • Protection Required (Fire, theft, wind, flood, etc)
  • Location
  • Breakdown of phases in the project

Contact Massey, Clark, Fischer to learn more about builders risk insurance and to receive a free, no obligation quote from one of our professional insurance associates.