Builder’s Risk Insurance
Find out everything you need to know about coverage for your building project. Course of Construction insurance does not replace your contractors or general liability insurance.
Why? Because this coverage does not provide coverage against third-party claims. So, say you are sued for damages to someone else’s property. This is a job for liability insurance, not Builder’s Risk.
In addition, there is no protection for employee injuries. Your Workers Compensation is coverage for worker injury, disability or fatality.
So, what is this insurance for?
- Protect the building that you are constructing, remodelling or renovating.
- Get coverage for vandalism.
- Protect tools or building materials from theft or damage.
But this is not all there is to it. Find out more. Read the Builder’s Risk blog.
October 1, 2021
When it comes to construction projects, Builder’s Risk Insurance is one of the most important pieces of the puzzle that often goes overlooked. Builder’s Risk insurance […]
October 1, 2021
Learn how to shop for Builders Risk Insurance and get the best value for your money while knowing exactly what you have coverage for. Understanding Builders […]
October 1, 2021
Learn how much to insure your project on your builders risk insurance policy. Not insuring your project to the correct amount can end up being a huge cost in the event of a claim.
June 23, 2021
Builder’s Risk Insurance, also called course of construction insurance, is an important type of insurance you need if you are building a new structure or remodeling […]
September 28, 2020
Property damage is part of working in construction. So, for protection against the resulting financial loss, contractors need insurance. Unfortunately, not all insurance is created equal. […]
August 24, 2020
Also known as Course of Construction, a Builder’s Risk policy provides you with unique property insurance coverage. The policy not only covers the building under construction but the […]
August 21, 2020
Are you familiar with Builder’s Risk Insurance yet? This is a type of insurance for your small contractor business. In this article, we’ll look at why […]
August 3, 2020
Choosing the best insurance coverage to carry between different insurance options has always been debated. This review should help you clarify some of them and understand […]
July 6, 2020
Buildings under construction are prone to different risks. Contractors and building owners face challenges like vandalism, theft of construction materials, natural disasters, etc, while at the […]
July 1, 2020
Course of Construction Insurance is the way savvy contractors protect their profits. This policy is also known as Builder’s Risk Insurance precisely because it covers you […]
May 25, 2020
Did you know that theft of materials and equipment costs construction companies thousands of dollars and lowers their profits? You may have heard of builder’s risk […]
April 22, 2020
Having forward-thinking regarding workers’ reputation and safety can only benefit all sides. Unfortunately, accidents occur no matter how careful we are in our work. When that […]
March 17, 2020
Did you know that contamination cleanup for contractors is a significant part of the construction business? Several activities on a building site can cause pollution. However, some precautions can reduce this. As a general contractor, taking the right precautions to avoid pollution is a must. However, mistakes happen.
In this article we will look at how to minimize pollution, and how your Builder’s Risk Insurance Policy will cover you in the event of unforeseen incidents.
March 16, 2020
According to Farmer brown, about 50% of construction contractors in Montana experience theft on the job site while handling a construction project, which makes a builder’s […]
March 14, 2020
You have many choices when it comes to insurance for painters. But, like many contractors, painters find this whole thing about insurance a bit confusing. Policy jargon and insurance terms make it difficult to understand.
But, let’s all agree that the most important coverage for all contractors is general liability insurance because it covers third-party injury lawsuits as well as property damage. While we’re here, you know that your general liability insurance shouldn’t be less than $1 million in coverage right? Is it?