Builders Risk Insurance
Construction comes with risks—from weather delays to material theft. Builders risk insurance protects your project from the ground up, covering what standard property insurance doesn’t during the build.
What Builders Risk Insurance Can Cover
Structure Damage During Construction
Covers repair or replacement costs if your building is damaged by fire, wind, hail, or vandalism before it’s finished.
Materials and Supplies
Protects building materials on-site, in transit, or temporarily stored from theft, weather, and accidental damage.
Temporary Structures and Equipment
Includes scaffolding, fencing, signage, and jobsite equipment—helping reduce financial loss from damage or loss.
Soft Costs Due to Delays
Reimburses for added costs like permit renewals, architect fees, and loan interest if construction is delayed by a covered event.
Cleanup and Debris Removal
Covers expenses for site cleanup after a loss, helping you stay on schedule and avoid unnecessary downtime.
Why Coverage Is Essential for Any Project
Construction Sites Are Vulnerable
Open sites are more likely to experience damage, theft, or weather impact—this policy protects work in progress.
Standard Policies Fall Short
Homeowners and property insurance usually exclude coverage for buildings under construction or major renovation.
Peace of Mind from Start to Finish
Whether you’re building from the ground up or doing a full remodel, builders risk insurance safeguards your investment throughout the project.
Colorado Builders Risk Insurance FAQs
Who should carry builders risk insurance?
Builders risk insurance is typically purchased by the property owner, general contractor, or developer—but anyone with a financial stake in the project can be named on the policy. Whether you’re overseeing a custom home build, office renovation, or retail expansion, it’s a crucial part of protecting the work.
How long does builders risk insurance last?
Policies are generally written for the duration of the construction project—commonly 3, 6, or 12 months—and can be extended if delays occur. Coverage begins when construction starts and ends when the project is completed or occupied.
What’s not covered by builders risk insurance?
It typically excludes damage from faulty workmanship, tools, machinery breakdown, or employee injuries. It also doesn’t include coverage once the building is completed or in use. We’ll help clarify exclusions and make sure you understand where builders risk coverage ends and other policies take over.
Can I add extra coverage for high-value equipment or materials?
Yes. Endorsements can be added to extend protection for tools, specialty items, or expensive materials. This is especially helpful on large or custom builds where certain components are difficult to replace.
What’s the difference between builders risk and property insurance?
Builders risk covers property during construction, while standard property insurance covers finished, operational structures. Once your build is complete, we can help transition you to a homeowners or commercial property policy.