Why Builder’s Risk Insurance Is the Unsung Hero of Your Construction Project

Let’s be honest — when you’re starting a new build or renovation, insurance is usually not the first thing on your mind.

You're thinking about blueprints, budgets, permits, timelines... maybe even where to put the coffee bar. 😄

But here's a little secret that seasoned builders, smart homeowners, and savvy investors all know:

Builder’s Risk Insurance can save your project — and your wallet — if things go sideways.

Picture This…

You’re a few weeks into building your dream home. Framing is done. Materials are on-site. Things are moving fast — and you're loving it.

Then one night, a storm rolls in. The wind is wild. The next morning, you find damaged lumber, soaked drywall, and your timeline… totally wrecked.

Or worse — someone breaks in over the weekend and walks off with thousands of dollars in tools and materials.

Yikes. 😬

Without Builder’s Risk Insurance, guess who’s paying for all that out of pocket?

What Exactly Is Builder’s Risk Insurance?

It’s a special kind of coverage that protects a construction or renovation project while it’s in progress. It usually covers:

✅ Fire
✅ Wind & storm damage
✅ Theft or vandalism
✅ Materials, tools, and equipment on-site
✅ Temporary structures like scaffolding or trailers

Whether you’re building from the ground up or remodeling an existing space, this insurance steps in before the job is complete.

Do You Really Need It?

If you're working on any of the following — the answer is probably YES:

🔨 New home construction
🏗️ Commercial building projects
🧱 Major home renovations or additions
💼 Property flips or investment builds

And no — your regular homeowners or property insurance likely won’t cover this stuff while construction is happening.

It’s Short-Term — But Super Valuable

Builder’s Risk policies usually start on the first day of construction and end when the project is finished or ready to be used.

It’s not forever coverage — just the right coverage at the right time.