Course of Construction Coverage

Course of Construction insurance is another name for Builder’s Risk Insurance. Why? Because this policy only provides coverage for the duration of the construction project. In other words, the policy is project specific.

But, what financial risks does Builder’s Risk cover? This coverage is not third-party liability coverage. It will not give you protection from liability claims. So, if you are sued for damage to your client’s property, you will rely on your General Liability Insurance not your Builder’s Risk.

What you get

Builder’s Risk protects building owners, property developers and contractors are protected from the devastating impact of fires, floods, vandalism, theft.

What it costs

Your coverage can cost as little as 1% of the construction cost.

Get more information

Read the Builder’s Risk blog for more about Course of Construction insurance.

February 27, 2020

Is Builder’s Risk for Plumbing Contractors?

Regardless of what you’re building, fixing or renovating, the importance of Builder’s Risk for plumbing contractors cannot be stressed enough. Builder’s Risk insurance is a contractor insurance coverage created to help protect your business against disasters such as loss or damage to your tools or equipment. 10 Facts about Builder’s Risk for Plumbing Contractors Below we’ll tell you more about what is also known as Course of Construction insurance.
February 26, 2020

Is Builder’s Risk for Painting Contractors? Find out!

Builder’s Risk Insurance for Painting Contractors — most painting business owners don’t think about it, do you? To be honest, your priority has probably been general liability and Workers Compensation. It’s easy to see why you wouldn’t have factored Builder’s Risk Insurance into the equation. So the answer is, Yes. Let’s take a look at where the protection your business gets from Painters Insurance stops, and where Builder’s Risk coverage starts.
February 24, 2020

Who Needs Construction Insurance in Atlanta, GA?

With a bullish market, construction insurance in Atlanta is a no-brainer. The forecast market volume in 2020 is $20 billion. As such, the construction industry is […]
February 24, 2020

Is Builder’s Risk for Roofing Contractors?

Who benefits most from Builder’s Risk Insurance? Is Builder’s Risk for Roofing Contractors or is this coverage more for general contractors, plumbers or electricians? It’s difficult to know which way to turn when it comes to insurance. You probably already have General Liability Insurance and Workers Compensation. Do you need another policy added to your insurance program. Will the cost even be worth it?
February 21, 2020

3 Reasons Roofing Contractors Need Builder’s Risk Insurance

A Builder’s Risk Insurance policy is ideal for roofing contractors when your project is new or 30% complete. But, why exactly do roofing contractors need Builders Risk Insurance? Isn’t Roofing Insurance enough? Roofers Insurance There is nothing more important than being as stress-free as possible when running your business. Roofing contractor insurance coverage can help you in different ways:
February 13, 2020

Does Builders’ Risk Insurance Cover Your Employees’ Injuries?

Builders Risk Insurance is a property insurance tailored to protect your personal insurable interest in materials, equipment and fixtures awaiting installation or after they have been installed. Builder’s Risk protection is taken out to cover the structure and onsite materials as they await installation or transportation to the construction site. While it is a great stride in protecting your investment, it only covers damages up to the cover limit. The cover limit is supposed to accurately reflect the value of your completed building. An estimate is usually reached using your construction budget.
February 12, 2020

What Does Your Builder’s Risk Insurance Policy Cover?

Your Builder’s Risk Insurance Policy provides only one line of coverage, but it is the kind of coverage every contractor needs. Often called Course of Construction Insurance, this kind of insurance protects your interest in materials and equipment needed for the job from physical loss or damage. Let’s take a closer look at what is covered by your Builder’s Risk Policy.
February 11, 2020

5 Top Tips about Builder’s Risk Insurance

If you are a construction business owner, you already know that you need insurance coverage. But how do you know if Builder’s Risk Insurance is the one to have? Choosing the right insurance program can be harder than it sounds. Here are 5 things to consider about Builder’s Risk Insurance.