Builders’ risk insurance is a policy that will help pay to repair, replace or recover the current value of a construction project. This includes a number of different claim types such as fires, theft, labor costs and natural disasters.
As a builder or building owner, having the proper builders’ risk policy in place could save your project and you thousands of dollars in expenses.
Finding the right local independent insurance agent that is experienced in the different types of builders’ risk policies is key to a project staying on track.