Business Insurance
Builders Risk
A structure while it is being built or substantially remodelled.
Also called course of construction, builders risk covers a building during the period it is under construction — when a normal property policy does not yet apply.
It typically covers the structure, materials on site, and often materials in transit or in temporary storage.
Who usually needs it
Owners, developers and general contractors on new builds and major remodels. Lenders usually require it.
Not sure whether you need this?
Tell us what your business does and we will tell you straight which coverages actually apply — and which you can skip.
Or call (503) 667-2820