Builders risk insurance provides property insurance which indemnifies against damage to buildings, and building materials during construction.
Coverage Options
Builders risk covers your construction site from physical loss or damage including:
- Property damage
- Theft
- Vandalism
- Fire or lightning
- Arson
- Collapse
- Windstorm or hail
- Materials in transit
- Debris removal
Target Classes
- MNC, JM, FR construction types
- Manufacturing
- Energy generation
- “End of life” builders’ risk (delayed projects when the incumbent carrier will not extend)
- Installation floater coverage
- Renovation projects
- Reporting form policy