Builders risk insurance protects equipment, materials, equipment used during the construction process. A builder’s risk policy can offer property and liability coverage. It is important to note that a standard homeowner’s insurance, or commercial property insurance policy does not offer coverage during the construction process. A builder’s risk insurance policy is a specialty policy designed for homes, buildings and properties during the building or construction phase. It is built with owners, general contractors and subcontractors in mind.
Many people only think about acquiring insurance to protect the finished product, a builder’s risk insurance policy provides coverage up unto that point.
A builder’s risk insurance policy is offered to contractors, home builders, homeowners, and developers alike. Your commercial project or new home construction project are an investment. It is important to protect your investment with a builders risk insurance policy.
For a free builder’s risk insurance quote call our office today at (386) 734 3970