Builders risk insurance covers buildings during the course of construction. This type of insurance is designed specifically to protect the financial interests of you and your contracting company in the event of any type of damage. Builders’ risk insurance is intended to cover the costs of materials, repairs, labor and equipment should any damage occur during the construction phase of a building process.
Builders risk insurance protects your growing business in the following ways:
- Theft of building materials and building materials in transit.
- Fire / lightening / violent wind / storms
- Vandalism
- Loss of Profit
Top Carriers Include:
- Zurich North American Insurance
- Safehold Insurance
- Lloyd’s of London
