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Builder's Risk

Your materials stolen or destroyed on your Job Site. You needed Builders Risk!

Builder’s risk insurance is “coverage that protects a person’s or organization’s insurable interest in materials, fixtures and/or equipment being used in the construction or renovation of a building or structure should those items sustain physical loss or damage from a covered cause.”

Unsure if you need builders risk? Call us to discuss the project and how low cost this program can be. No Obligation Information & Quote, call Today.

What does builders risk insurance cover?

Builders risk insurance can cover a variety of projects, offering standard coverages and additional endorsements to tailor policies for any residential or commercial course of construction project. Depending on the coverage selected at the time of policy issuance, the Builders Risk Plan insured by Zurich can protect policyholders’ financial wellbeing should loss occur from exposures such as theft, fire, materials in transit, back-up of sewers, flood, earthquake and much more.

What does builders risk insurance cost?

The cost of a builders risk insurance policy depends on five factors:

A basic builders risk policy from the Builders Risk Plan insured by Zurich starts at $375, in most states.

What builders risk policy is the right choice?

Multiple builders risk insurance policies are available and can be secured in the name of nearly anyone with a vested interest in the project under construction — including for homeowners, contractors and business entities. Factors like the number of projects to insure and the type of customer help determine what policies to consider.


What course of construction projects are eligible for builders risk insurance?

Nearly any client with a financial interest in the completed project is eligible to purchase a builders risk insurance policy. Individuals or entities — including contractors, business owners, homeowners or financial institutions — are often primary builders risk clients.

Partnering with a construction expert that also offers financial stability and reliability is the best place to start when researching insurance carriers. A provider with a proven track record of favorable claims history is also a critical factor when advising any client. Providers like US Assure and Zurich, that practice sound and consistent underwriting and have expertise in construction remain consistent with respect to appetite and pricing, and are proven reliable partners.