What is Builders’ Risk Coverage?
Builders’ Risk Insurance Explained If you are renovating or under construction at your home, it is important to have Builders’ Risk coverage to protect against
Builders risk insurance, also known as course of construction insurance, helps protect your property and your investment from the ground up.
This is a specialized type of property insurance designed for building under construction and provides temporary coverage that begins on the policy effective date and ends when the work is complete and the property is ready for use or occupancy.
The work could include new construction, remodeling and or an installation. Because builders risk insurance is protection for construction projects, each project and each policy is unique. Policies can be written in the name of the builder or the owner.
You know your business better than anyone else. Contact your local office to see how you can tailor a policy to meet your specific business needs.
Protect yourself against the unexpected. Rand can provide the answers and insights you want, and we can design the custom insurance solution you need.
Builders’ Risk Insurance Explained If you are renovating or under construction at your home, it is important to have Builders’ Risk coverage to protect against
With all of the recent big storms, Nor’easters and hurricanes, many homeowners are planning to renovate within the next few years. If you’re among them,