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January 14, 2024

I’m Not the Contractor, Why do I Need a Builder’s Risk Policy?

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 […]
January 14, 2024

What does Builder’s Risk Insurance cover?

Builder’s risk insurance, also known as course of construction, is a type of property insurance. It’s a bit unique in that it covers the area of a construction project whether new construction or renovation. In some cases, it will just cover the structure, while in others, it will also cover the materials that are on site and waiting to be installed or transported. Most building owners will ask that a builder carry this to protect both parties.
January 11, 2024

Homeowners Coverage vs Builder’s Risk Insurance

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 […]
December 21, 2022

5 Things Clients Want To Know Before Hiring A Contractor

Clients do research before they hire a contractor. They compare prices, check the authenticity of the contractors, and negotiate the best rates. As a contractor, are you prepared with the answers that will get you the job? So, what are clients looking for? In this article, we will look at five things that clients look for before hiring a contractor.
July 27, 2022

Does Builder’s Risk include General Liability Insurance for Contractors?

It is difficult for companies and general contractors to work without general property insurance. General Liability insurance coverage defends your business from a wide range of […]
December 1, 2021

Is Builder’s Risk Insurance Necessary for Roofers?

Is Builder’s Risk Insurance for roofers? Or does the insurance coverage only apply to general contractors, electricians, painters or plumbers? In the construction industry where risks are inevitable, falls from roofing projects account for one third of all construction fatalities. And so, whether you are just starting, or you have an ongoing roofing project, there is always the need for you to have insurance coverage to help you ease financial burdens that come as a result of unexpected risks.
November 30, 2021

Builder’s Risk Insurance vs Homeowner’s Insurance

Builder’s Risk insurance for homeowners will give you protection for as little as 1% of the construction costs. A small price to pay for a huge […]
November 2, 2021

Why Do Roofing Contractors Need Builder’s Risk Insurance?

Did you know that 50% of all contractors experience theft of some kind? Florida, Texas, and California are among the top 10 states with the highest rates. But, this doesn’t mean you won’t get hit if you operate your roofing contractor business elsewhere According to the National Equipment Register, job site theft costs the industry almost $1 billion each year. It comes as no surprise that 90% of thefts occur between 6 p.m. Friday and 6 a.m. Monday morning. Does this mean your equipment and tools are safe?
October 28, 2021

Builders Risk Insurance vs. Course of Construction Insurance.

Builder’s Risk Insurance is just another name for Course of Construction Insurance. It’s things like this that explain why so many contractors are confused by insurance. What contractors across the US are certain of, however, is that theft of construction equipment is on the rise.
October 28, 2021

Does your Framing Contractor Business need Builder’s Risk Insurance?

How can you reduce your financial risk as a framing contractor? When you are fronting almost 18% of the overall building cost, you have a right to be nervous. Can Builder’s Risk Insurance take some of the stress off your business? Builder’s Risk Insurance is a policy that protects a contractor’s interests when working on building projects – whether buildings are being made or renovated. It is used by contractors to ensure that they’re covered in case of any loss in building materials or equipment – or even labor used and profits lost!
October 27, 2021

What Happens When There is a Construction Fire?

During the construction of a commercial building or a home, anything can happen. Buildings under construction can be vulnerable to a fire breaking out. There are many factors that can cause these fires, such as torches, soldering irons, welding machines, grinders, or heating elements. Fires often happen to a new build due to several of these things, but what’s the solution if a fire does happen?