Builders Risk Insurance
Covers physical loss or damage to a building or construction project while under construction
Service Description
Builders Risk Insurance, also called Course of Construction Insurance, is a specialized property insurance designed to protect buildings and structures while they are under construction, renovation, or major repair. It covers physical loss or damage to the insured property and related materials, helping ensure that projects stay financially secure if unexpected events occur. Why Builders Risk Insurance is Important? Protects the financial investment in construction projects. Reduces exposure to catastrophic losses from accidents, weather, or vandalism. Helps contractors and owners maintain project timelines and avoid unexpected costs. Often a prerequisite for project financing or contractual agreements.
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