Safeguard Your Build in the Fastest-Growing Metro in the Carolinas
Charlotte is expanding fast — cranes in South End, new corporate towers in Uptown, suburban developments in Ballantyne and Steele Creek, and constant renovation of older neighborhoods like Plaza Midwood and Dilworth.
With so much construction underway, contractors and owners face one major challenge: protecting the work before it’s finished.
Builders Risk Insurance provides financial protection when the unexpected disrupts a project, helping ensure timelines and budgets stay intact.
Booming Growth = Higher Exposure
New commercial districts, multifamily developments, and mixed-use projects mean more job sites, more materials, and more opportunities for loss.
Projects across South End, NoDa, University City, and Uptown frequently involve high-value components like steel framing, specialty glass, and electrical systems — all costly to replace.
Charlotte’s climate brings:
Even minor weather damage can delay a project for weeks.
Busy construction corridors often store materials such as:
Sites near SouthPark, Steele Creek, and Uptown see increased risk simply because of higher activity and limited storage space.
Coverage varies by project, but a typical policy may include:
Damage to the building during the construction or renovation phase.
Reimbursement for stolen or damaged materials.
Debris removal so work can resume quickly.
Items stored on-site, delivered to the project, or transported across the metro area.
Wind, rain, lightning, and storm impacts common to North Carolina.
Sudden damage from storms or job-site exposure.
Certain soft costs can be included, such as:
Optional Enhancements
Anyone with a financial interest in the project should be protected under the policy.
Contractors overseeing new builds or major renovations
Developers handling multifamily or mixed-use expansions
Owners upgrading older homes in historic neighborhoods
Lenders requiring protection before releasing funds
Subcontractors working with high-value materials
Most policies fall between 1% and 4% of the total construction value.
Cost depends on:
"*" indicates required fields
Yes, most Charlotte Builders Risk policies include wind, rain, and lightning damage.
Flooding is not automatically included. It can be added depending on project location.
If the renovation involves structural changes or high-value materials, coverage is strongly recommended and often required.
Yes, they can be included as additional insured when required by contract.
Not by default — but it can be added for HVAC, mechanical systems, and electrical components.
Whether you’re building a new commercial development in South End, a luxury home in Myers Park, or a multifamily complex near UNC Charlotte, the right policy will protect your work from unexpected setbacks.
