Protect Your Construction Project in One of Northern Virginia’s Fastest-Growing Communities
Ashburn, VA is known as the core of Loudoun County’s technology corridor, home to massive data centers, high-end residential developments, and rapidly expanding commercial areas. With so much construction taking place, protecting your project from unexpected damage or delays is essential.
Builders Risk Insurance provides the financial security you need to keep your project moving, no matter what challenges arise on the job site.
Builders Risk Insurance is a specialized property insurance policy that protects structures, materials, and equipment during construction, renovation, or installation. It covers unforeseen events that can cause physical damage or costly project delays.
For a growing market like Ashburn, where project values are high and timelines are strict, this coverage is critical.
Materials damaged while in transit or stored off-site
Fire, lightning, and explosion
Vandalism or accidental damage during busy downtown activity
Wind, hail, and weather-related damage
Accidental job-site impact or collapse
Water damage from weather events
Ashburn’s boom in technology, commercial, and residential development means construction sites often contain expensive materials, electrical components, and specialized equipment. A single loss can set back a project significantly.
Northern Virginia experiences intense thunderstorms, heavy rainfall, sudden windstorms, and freezing winter temperatures. These weather patterns increase the likelihood of weather-related damage during construction.
Construction sites near major corridors such as Loudoun County Parkway, Route 7, and the Ashburn data-center district often store copper wiring, generators, HVAC units, and other high-value items that are commonly targeted for theft.
Many property owners, developers, and lenders in Ashburn require Builders Risk Insurance before construction begins to protect their financial investment.
A well-structured policy for Ashburn projects typically includes:
Covers physical damage to the building under construction and all materials on-site.
Reimburses stolen or intentionally damaged materials, tools, and equipment.
Pays for the cleanup and removal of damaged materials after a covered loss.
Essential for contractors transporting supplies between Ashburn, Sterling, Leesburg, and nearby regions.
Protects against wind, hail, lightning, or storm-related impact during Virginia’s variable seasonal conditions.
If a covered event delays your project, the policy can cover additional expenses such as:
Optional Endorsements
Ashburn projects may benefit from:
Anyone with a financial interest in the project should be protected under the policy.
Developers constructing new multifamily properties
Custom home builders or general contractors
Property owners undergoing major upgrades
Lenders financing the construction project
Subcontractors often required to be included as additional insured
Because many Ashburn projects involve high-value tech or commercial builds, premiums may vary more than in other regions of Virginia.
Costs typically range from 1% to 4% of the total construction value, depending on:
"*" indicates required fields
It’s not legally required, but most lenders, developers, and contractors require it before construction begins.
Damage caused by freezing is often covered, but some policies require proper heating or mitigation procedures at the job site.
Yes. They can be included as additional insured depending on contractual requirements.
No. It does not cover poor workmanship, but it may cover resulting damage caused by the faulty work.
Coverage ends once the project is finished, occupied, or the certificate of occupancy is issued. Permanent property insurance should be added at that point.
Protect your construction investment with a tailored Builders Risk policy designed for Ashburn’s unique environment. Whether you’re building a custom home, a commercial facility, or a large-scale data-center project, we can help you secure the coverage you need.
