Builders Risk Insurance is a policy is designed to provide coverage for residential or commercial buildings while under construction. It covers the materials at the job site before they are installed, materials in transit intended for the job, and the value of the property being constructed until it is completed and accepted by the owner.
The policy may be written to cover the whole structure for new construction or the cost of remodeling and renovation projects. It can also be used to cover specific projects, such as a new room addition, a deck, or a remodeled bathroom. The standard policy may not cover certain items such as scaffolding, landscaping, or trailers but may be allowed with additional coverage. Put the experience of the Harrison Insurance Agency to work for you, and let us design a builder’s risk insurance policy that will provide you with the exact coverage you need.