Builder’s Risk is a popular insurance company in Alabama for good reason. Construction is an important contributor to the State and amounts to 4% of its GDP. In monetary terms this means $7.2 billion.
New entrants into the market, as well as seasoned operators, need the right coverage to protect their investment. In this article we look at why we at Builder’s Risk should be your first choice of provider.
Builder’s Risk insurance is customized cover. There is no one size fits all because all businesses are different, and every project is unique. The agent you choose needs to know the industry well and have access to the best providers so you get the right coverage at the right price.
We have been in the industry for more than 20 years and our agents are knowledgeable and professional. We understand construction and know the questions that need to be answered to get you the right coverage.
Builder’s Risk represents more than 18 providers of insurance. We can access the best policies, and give you better choices. Our turnaround is quick and we aim to provide you with a quote on the same day as request. We are an insurance company in Alabama that delivers.
To begin, consider the project or work that you are undertaking. Take an inventory of your material and equipment. Think about whether the location of your site lends itself to any particular risks.
Your coverage can include a range of items, including but not limited to:
There are items you can also include by endorsement so they are covered. This includes things like soft costs for professionals like architects or engineers. You can even get coverage for loss of profits if changes to Building Ordinances cause delays.
The agents at Builder’s Risk know the industry and will assist you quickly and efficiently. Your policy will include the right coverage for your business. Some new contractors are tempted to get the cheapest policy they can. This can be short sighted as it may not give you the coverage you need. This could end up being an expensive mistake. We are the insurance company in Alabama committed to getting you the right coverage at the cheapest cost available.
Builder’s Risk insurance is property coverage and is specific to certain types of projects. If you are undertaking the construction of a new building, or renovating an existing one, this coverage can protect you in the event of a loss event.
Speak to us for your Builder’s Risk for new contractors. We will get you the right coverage at the right price. Call Builder’s Risk call 887 960 0221