Any building under construction is vulnerable. Property damage insurance is essential. To begin with, there is danger from wind or flooding. Secondly, unoccupied buildings are targets for vandals and thieves. Last but not least, the risk of fire is extremely high on a construction site.
Builder’s Risk provides coverage for buildings during the course of their construction. However, this is for damage to the insured’s property, not for third-party liability claims.
Builder’s Risk policy covers equipment, tools and building materials that are being used for the insured construction. This includes vandalism and theft.
Protect your building under construction
Call Builder’s Risk Insurance company to protect your building project. Get property damage insurance here: (877) 960-0221