Builder’s Risk Insurance
Project property coverage for work in place, materials, and temporary structures while the job is underway. California and Texas, ground-up through major renovation.
Request a quote
A licensed agent reviews your request. Certificates are issued after a policy is bound.
What the policy responds to
Builder’s risk covers the physical structure and on-site assets. Unlike general liability, which responds to third-party claims, this is first-party property coverage on the project itself.
Work in place
The structure as it is built, valued on the completed value of the project rather than a spend-to-date figure.
Materials and equipment
Materials on site, and — where the form allows — in transit and in temporary storage off site.
Theft and vandalism
Jobsite theft of materials and installed fixtures, which is the most common builder’s risk loss by frequency.
Temporary structures
Scaffolding, forms, fencing, and site trailers, subject to the sublimits on the form.
Valuation is the whole argument
A remodel budget is not the same as an exposure. On a renovation the existing structure does not disappear during construction — it is still standing there, and it is still at risk, which is why lowering an existing-structure value mid-term usually gets declined.
No law requires builder’s risk. Lenders and project owners do, almost always before the first draw. The cost depends on project size, duration, construction type, and location.
A $700K remodel budget does not always mean $700K of exposure — and it can just as easily mean more.
GENERAL GUIDANCE ONLY. THE POLICY FORM, ENDORSEMENTS, AND CARRIER DECIDE WHAT IS COVERED ON YOUR ACCOUNT.
Other lines this job usually needs
Three steps, no instant-bind theater
Tell us the job
Operations, payroll, vehicles, contracts, or project value — whatever applies.
Review the structure
Limits, deductibles, exclusions, and what sits outside the policy.
Bind and issue
Choose coverage. Get policy documents and COIs once the carrier binds.