Title: Builders Risk Insurance
Author: Kevin
Published: March 9, 2016
Last modified: January 24, 2025

---

#  Builders Risk Insurance

## Looking for Builders Risk Insurance in CITYNAME?

Builder’s Risk Insurance, which some refer to as Course of Construction Insurance,
is a form of commercial property insurance which covers a building where the building
or insured area is presently being constructed or heavily remodeled.

It can cover just the structure, or also the materials on site waiting to be installed
or transported to the job site.

The builder’s risk insurance policy will pay for damages up to the coverage limit
in the policy. The limit must accurately reflect the total completed value of the
structure (all materials and labor costs, but not including land value).

**The construction budget is the best source for determining the appropriate limit
of insurance.**

Builder’s Risk insurance policies can often be purchased in terms of three-months,
six-months, or 12-months. If the project is not completed by the end of the initial
policy term, it can often be extended, but usually only one time.

### How much does a Builder’s Risk Insurance cost?

The builders risk policy will provide coverage for damage done to the insured structure
from a wide variety of events.

**Damage from the following events will be covered by most policies:**

 * Fire
 * Wind (may be limited in coastal areas)
 * Theft
 * Lightning
 * Hail
 * Explosion
 * Vandalism
 * Vehicles/Aircraft

You should read your course of builder’s risk insurance policy to be familiar with
its limitations and exclusions. Limited coverage is provided for collapse.

**Standard exclusions include:**

 * Earthquake
 * Employee theft
 * Water damage
 * Weather damage to property in the open
 * War
 * Government action
 * Contract penalty
 * Voluntary parting
 * Mechanical breakdown

An important exclusion which should be read in its entirety excludes coverage for
damage resulting from faulty: design, planning, workmanship and materials. Earthquake
and flood coverage may be purchased in some areas.

### How to get started on your Builders Risk quote

You can either [call our office](http://mu7.advisorevolved.com/contact/?output_format=md),
or start your quotes below, and submit some basic information. Either way, we’ll
make the process as simple as possible!

### Want to compare your options?

Click the button below to head to our quotes page where you can enter some basic
information to have our team help with your insurance!

 [ Start A Conversation With Us  ](http://mu7.advisorevolved.com/quotes/?output_format=md)

##### Ready to get started?

### Start Your Quotes Today

Enter some basic information below to get the process started.

 [ Start Quotes ](http://mu7.advisorevolved.com/quotes/?output_format=md)

####  Service Options

 * 
   ##### 󠀁[Make a Policy Change](http://mu7.advisorevolved.com/contact/?output_format=md)󠁿
   
 * 
   ##### 󠀁[Request a Certificate](http://mu7.advisorevolved.com/contact/?output_format=md)󠁿
   
 * 
   ##### 󠀁[Get an ID Card](http://mu7.advisorevolved.com/contact/?output_format=md)󠁿
   
 * 
   ##### 󠀁[Pay Your Bill](http://mu7.advisorevolved.com/contact/?output_format=md)󠁿
   
 * 
   ##### 󠀁[Review Your Policy](http://mu7.advisorevolved.com/contact/?output_format=md)󠁿