What is Builders Risk?
Any construction project could face significant exposure to loss if the insurable materials, supplies, fixtures, or equipment they have during a project are not protected. Builders' Risk Insurance can help protect your property and equipment during construction or renovation.
Builders' risk insurance protects projects against numerous kinds of situations, such as:
Builders’ Risk Coverages
A builders' risk insurance policy is unique for every construction project. It helps protect construction sites, materials, and equipment from certain property damages. However, every project is different. Therefore, each one could customize its' policy to fit its needs.
Additional coverages may include the following:
Builders' Risk Insurance Exclusions
While it's true that builders' risk policies can be customized, be aware that there are also some exclusions. These typically include earthquakes and floods. You can, however, get extensions to help protect projects/materials vulnerable to these risks.
Here are other exclusions from a builder's risk insurance policy:
Contact Arena Insurance Brokers, Inc. to get the fitting Builders' Risk Policy coverage for your business. Get a quick online quote here or call us at 913-363-1300.
4705 Mission Road
Westwood, KS 66205
Overland Park Office:
8011 College Blvd.,
Overland Park, KS 66210
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