Builder’s Risk Insurance

Builder’s Risk Insurance from Contractors Liability

Find out all about Builder’s Risk Insurance. What is it? Who needs it? How much does it cost? And, what to watch out for.

But, where?

Contractors Liability knows how it works. And we want to share.

When your General Liability coverage doesn’t protect your project, what do you do? We’ve got your back.
So, your Homeowners insurance won’t cover your property during renovation. Now what do you do? Ask Contractors Liability all about Builder’s Risk coverage.

Course of Construction Coverage

For example, here are 3 interesting things about Builder’s Risk Insurance:

It is also called Course of Construction coverage. Find out why.
Get coverage for property that is generally excluded from General Liability Insurance. Like what? Read to find out.
You get property replacement coverage

Great articles. Good advice.

In fact you can find out more on the Contractors Liability blog. So, read our articles.

Top Construction Insurance Companies Recommend Builder’s Risk

The most sought-after policy offered by construction insurance companies is Builder’s Risk Insurance. That is because some risks continue to plague the construction industry and increase instances of loss. According to Associated General Contractors of America, 80% of construction professionals … Read more

Builder’s Risk Construction Insurance FAQs

hulls of different colors viewed from above

There are many types of Construction Insurance policies to choose from; however, one of the most popular remains one of the most misunderstood. Contractors usually shop for Builder’s Risk Insurance based on the price, not the coverage. That can lead … Read more

Who Is Covered For Theft At A Building Under Construction Site?

A building under construction is a common target for theft. According to the National Insurance Crime Bureau (NICB) and National Equipment Register (NER), The financial cost of equipment theft varies from $300 million to $1 billion yearly. Once you include … Read more

Insurance Checklist for Contractors – Coverage You Need

An insurance checklist for contractors can help you narrow down your specific insurance needs as a contractor. The best insurance coverage for contractors is essential for a number of reasons. It will help you get more jobs, protect your business … Read more

The Difference between Builder’s Risk and Inland Marine Insurance

For contractors, the difference between investing in Builder’s Risk Insurance and Inland Marine coverage might not be relevant. Maybe it is better to have them both. But before you can make this decision, you need to know more about these … Read more

The Pros and Cons of Builder’s Risk Policies

Contractors are increasingly turning to Builder’s Risk policies to protect their investment. A five-year period ending 2018 saw builders file claims totaling $8.8bn. This number will increase further in the coming years due to labor dynamics and more frequent natural … Read more

Homeowners Insurance vs Builder’s Risk Insurance

person holding a jigsaw puzzle piece with the word insurance on it

Do you need Builder’s Risk Insurance for homeowners or Homeowner’s Insurance? 90% of property owners have some form of insurance. But there are key differences between Homeowners Insurance and Builder’s Risk Insurance. In this article, let’s take a look at … Read more