Protect your construction project in Woodstock, GA. Quote & Buy your Builders Risk Policy from Founders Insurance.
Builder’s risk insurance, also known as “Course of Construction” insurance, is a special type of property insurance which protects against damage to buildings while they are under construction. This includes coverage for materials, fixtures and/or equipment being used in the construction project.
We have access to premier carriers that provide the best possible coverage at competitive prices. We will work with you to find the right coverage you need. Buildings are subject to many different risks while under construction. They may catch fire, be damaged by high winds, or fall victim to theft or vandalism. Protecting your construction project from the unexpected physical loss or damage to materials can help move your project smoothly.
The Builders Risk Policy has been designed to meet the specific needs of most residential and commercial contractors and can be customized for even the largest construction projects. Coverage is typically only valid during the construction period and is intended to be replaced by permanent property insurance, such as a homeowner’s policy or a commercial property policy, when construction is complete. Coverage can be purchased by either the general contractor or the owner, and it should be effective prior to when materials are first delivered to the job site. Most lenders and banks require Builders Risk Insurance to secure financing for a construction project.
Contact Us Today and one or our licensed agents will evaluate the risks associated with your business and help you get the builders risk coverage that fits your business and industry.