Builders’ Risk Insurance
Comprehensive Builder's Risk Insurance for Construction Projects
Builder’s risk insurance is essential coverage for protecting construction projects from potential At Clear Path Insurance Services, our builder’s risk insurance policies cover buildings under construction, protecting the contractor’s interests in materials on-site, in transit, and at storage facilities.
Whether it’s new construction, remodeling, or specific additions, our builder’s risk insurance offers comprehensive protection for both commercial and residential projects.
Who Needs Builder’s Risk Insurance?
Typically, builder’s risk insurance is taken out by contractors, property developers, or property owners responsible for insuring the project during construction. Both commercial and residential sites can be insured, and insurance providers often require that builders have a
What Does Builder’s Risk Insurance Cover?
- 1. Material Protection: Coverage includes materials at the job site, in transit, and in storage, safeguarding your investment from theft, damage, or other unexpected losses.
- 2. New Construction and Renovations: Policies are available to cover entire new structures or renovation projects, including additions like rooms, decks, or bathrooms.
- 3. Optional Earth Movement Coverage: For large projects, earth movement coverage can be added to protect against the significant costs associated with moving soil and preparing the site.
Why Choose Clear Path Insurance for Builder’s Risk Insurance?
Our policies are designed to protect your construction investment, ensuring that materials, property, and essential aspects of your project remain financially secure until completion and acceptance by the property owner.
Get a builder’s risk insurance quote from Clear Path Insurance Services today and secure your construction project with reliable, tailored coverage for your unique needs.
