Builders Risk Insurance

Commercial builders risk insurance is a type of insurance that provides coverage for commercial property owners, builders, contractors, and developers during the construction or renovation of a building.

This type of insurance typically covers damage or loss to the building and its materials resulting from risks such as fire, wind, theft, vandalism, and other types of damage. It can also cover additional costs related to rebuilding or repairing the damaged property, such as debris removal, design changes, and temporary structures.

Commercial builders risk insurance policies can be customized to meet the specific needs of a construction project and may cover a variety of construction projects, including new construction, renovations, and tenant improvements. It is important to carefully review the terms and conditions of a policy to ensure that the coverage meets the needs of the construction project and that all risks are adequately covered.