What it covers
- The structure while it's under construction
- Materials on site, in transit, and in temporary storage
- Often: debris removal after a covered loss
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Builders Risk, in plain English.
Covers the structure while it's under construction, along with materials on site, in transit, and in temporary storage.
When you need it
- Ground-up builds and major renovations
- Before materials hit the site — not after
Common gaps
- Soft costs and delay-in-completion left off the form
- Policy expiring before the project actually finishes
- Occupancy clauses voiding coverage when a building is partially occupied
Who it's for
- GCs, developers, and project owners
- Whoever the contract says must carry it — check before you sign
This page is general information, not advice about your specific situation, and not a quote, binder, or contract of insurance. Actual coverage is governed solely by the terms, conditions, and exclusions of the issued policy.
Who usually needs it
See Builders Risk in your industry.
Related reading
Understand it before you buy it.
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