• About
    Us
    • About Property One Insurance Services
    • Our Insurance Carriers
  • Auto, Home &
    Personal Insurance
    • Auto Insurance
    • Boat & Marine Insurance
    • Condominium Insurance
    • Flood Insurance
    • High Net Worth Coverage
    • Homeowners Insurance
    • Motorcycle Insurance
    • Pet Insurance
    • Renters Insurance
    • – View All Personal
  • Business
    Insurance
    • Business Interruption Insurance
    • Business Owners Package Insurance
    • Commercial Auto Insurance
    • Commercial Property Insurance
    • Commercial Umbrella Insurance
    • General Liability Insurance
    • Hotel & Motel Hospitality Insurance
    • Manufacturers Insurance
    • Professional Liability (E&O) Insurance
    • Surety Bonds
    • Workers’ Compensation Insurance
    • – View All Business
  • Life
    Insurance
    • Individual Life Insurance
    • Final Expense Insurance
    • – View All Life
  • Policy
    Service Center
    • Online Billing & Payments
    • File A Claim
    • Certificate of Insurance Request
    • Policy Change Request Form
    • Auto ID Card Request Form
    • Insurance Resources
    • – View All Policy Service
  • Contact
    Us
    • Alamo Office
    • Refer a Friend
    • Secure Contact Form
Property One Insurance Services

Insuring Alamo
and All of California
Call (925) 831-3223

Home / Business Insurance / Builders’ Risk Insurance

Builders’ Risk Insurance

Businessman and Construction Worker Talking on Construction Site

Builder's risk insurance is a policy that is designed to provide coverage for buildings while under construction. It covers the contractor’s interest in 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.

Builder's risk insurance usually is in the name of the contractor or the property developer, but it could also be in the name of the property owner if he is responsible for insuring it while the property is under construction. Both commercial and residential construction sites might be covered under a builder's risk insurance policy.

There are also additional built-in schemes for the specialized needs of a particular construction project, whether it's commercial or residential. Often, insurance companies request a certain level of experience of the builder before they provide insurance coverage for their commercial sites. Usually, an experience level of 2-3 years in commercial construction is desired.

An additional option that can be attached with builder's risk insurance coverage is the movement of earth. If the construction is extremely large, then the cost of moving earth from the digging site could amount to a great deal.

A builder's risk insurance policy is essential for people who have a financial interest in property construction, either commercial or residential. It doesn't mean only new construction, but also any remodeling or renovation project.

If any damage to construction material occurs in transit or during storage, then this cost could also be covered under a builder's risk insurance policy.

Property One Insurance Services offers free, comparative quotes on Builders’ Risk Insurance from multiple insurance carriers so you can get the best possible rate.

Want to see how much we can save you? Just request a quote to find out.

Alamo Insurance Quotes

  • This field is for validation purposes and should be left unchanged.

ABOUT US

  • About Us
  • Our Insurance Carriers

INSURANCE

  • Auto, Home, & Personal Insurance
  • Business Insurance
  • Life Insurance

POLICY SERVICE

  • Policy Service Center
  • File A Claim
  • Online Billing & Payments
  • Policy Change Request

CONTACT US

  • Property One Insurance Services
    • 3000 F Danville Blvd
      Suite 109
    • Alamo, California 94507
  • Phone: (925) 831-3223
  • Fax: (925) 831-3225
3000 F Danville Blvd, Suite 109, Alamo, California 94507
Google Maps (opens in new tab)Yelp (opens in new tab)Facebook (opens in new tab)LinkedIn (opens in new tab)
Property One Insurance Services Provides Auto/Car Insurance, Homeowners Insurance, and Business/Commercial Insurance to All of California, Including Alamo.
© Copyright 2023, Property One Insurance Services | Privacy Statement | Accessibility Statement | Login
BrightFireInsurance Websites(opens in new tab)