Builders Risk / Course of Construction
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.