The Basics of Builder's Risk Insurance
Posted: July 18, 2022
If you're building a new home or making extensive renovations on an existing structure, you'll need builder's risk insurance to cover the property during the course of construction. What is Builder’s Risk Insurance Builder’s risk insurance, also known as course of construction insurance, is a specially designed policy that provides coverage for commercial and residential buildings during the construction process, including ground-up projects and renovations....
Builders Risk Insurance Vs. Contractors Insurance
Posted: February 19, 2020
If you are in the construction business, you need the right types of insurance coverage to protect yourself. You are likely to need builders risk insurance in addition to contractors insurance. Together, these two forms of coverage can protect you against certain losses. What Is Builders Risk Insurance? Builders risk insurance is designed to cover a contractor’s equipment, materials, and property related to the construction...
