Builders risk insurance safeguards structures, materials, and equipment during construction.
Protect Your Construction Project From Start to Finish
Construction projects come with risk-from fire and vandalism to weather damage and theft. Builders Risk Insurance (also called Course of Construction Insurance) is designed to protect buildings and structures while they’re under construction or renovation.
Whether you’re building a new commercial property, remodeling a home, or working on a ground-up development, builders risk coverage ensures your investment is protected until the job is done.
What Does Builders Risk Insurance Cover?
- Structure under construction
- Materials and supplies on-site, in transit, or at temporary locations
- Fixtures and equipment intended for installation
- Debris removal and cleanup after a covered loss
- Soft costs (optional) like permits, architect fees, or loan interest during delay
Common Covered Risks:
- Fire
- Theft
- Vandalism
- Lightning
- Explosion
- Wind and hail (varies by location and policy)
- Water damage from burst pipes
- Vehicle or aircraft impact
Who Needs Builders Risk Insurance?
- General contractors
- Property owners and developers
- House flippers and remodelers
- Construction managers
- Lenders requiring proof of insurance during the project
When Does Coverage Begin and End?
Builders risk coverage starts when construction begins and ends when the project is complete or occupied-whichever comes first. It’s designed to cover the temporary but critical phase of construction.
Build With Confidence-We’ll Handle the Risk
At Geebu Insurance Agency, we work with experienced builders and property professionals to customize builders risk policies that match the scope, budget, and timeline of your project.
Builder Risk Insurance Quote Request
Don’t like forms? Contact us at 516-551-1405 or email us.
Contact Geebu Insurance Agency.
543 chestnut Lane East Meadow
NY 11554
