Builders Risk Insurance

Construction Project Protection

Builders risk insurance is a specialized type of property insurance that protects buildings and structures during construction, renovation, or repair. Our builders risk policies are designed to cover your project from start to finish, protecting against a wide range of risks that could impact your construction timeline and budget.

Why Choose Our Builder's Risk Insurance?

We understand the unique challenges and risks associated with construction projects. Our builders risk insurance solutions are tailored to meet the specific needs of your project, whether it’s a small renovation or a large-scale commercial development. We work with top-rated insurance carriers to provide comprehensive coverage at competitive rates.

Our builders risk insurance typically covers

Building materials and supplies
Temporary structures
Theft and vandalism
Fire and weather damage
Soft costs and delay expenses
Equipment breakdown
Debris removal
Ordinance and law coverage

Coverage can be customized based on your specific project requirements and risk exposures.

Our dedicated team of construction insurance specialists is available to assist you throughout your project. From initial policy setup to claims handling, we provide expert guidance and support to ensure your construction project stays on track. We understand the time-sensitive nature of construction and respond quickly to your needs.

With extensive experience in the construction industry, our team has the knowledge and expertise to help contractors, developers, and property owners navigate the complex world of builders risk insurance. We stay up-to-date with the latest industry trends and regulations to ensure your project has the most current and effective coverage available.

Frequently Asked Questions

More Information

Get a Builders' Risk Insurance Quote

In construction, anything can occur. Theft, fire, and surprise storms are just a few of the many hazards that can befall a construction project. That is why you need builders risk insurance, or construction site insurance. At Dunbar Beddingfield, we can protect your project with flexible, comprehensive coverage that you can customize to your project's specifications.

The Importance of Builders Risk Insurance

Each construction project is a important financial investment of labor, materials, and equipment. A single claim, with insufficient coverage, can lead to huge delays and loss. Project insurance coverage keeps you in budget and schedule by protecting you against common risks such as theft, fire, and weather damage. At Dunbar Beddingfield, we feel that construction insurance is not something you can afford to do without, it is something you must have.

What is Builders Risk Insurance?

Builders' risk insurance is a specialized form of property insurance that insures buildings in the course of construction. It usually insures the building itself, materials in the process of placement, and equipment used in the construction process. When a covered cause of loss such as loss by fire, theft, or acts of vandalism takes place, your policy covers the loss.

The temporary construction cover is geared to match with your project duration and terminates when the construction has been completed or when the building is occupied. At Dunbar Beddingfield, we deal in policies that can be customized to cover both short- and long-term constructions, residential or commercial.

Who Needs Builders Risk Insurance?

If you work in the construction industry, you need builders' risk insurance. That covers:

General contractors
Property developers
Real estate investors
Homeowners undertaking major renovations
Lenders who demand construction site insurance as a condition for lending

Either as the owner of the site or as the person who is managing the build, Dunbar Beddingfield can assist you in obtaining the cover that protects your financial interest at each stage.

Typical Coverages and Exclusions

What is Usually Covered:

Fire and lightning damage
Theft of equipment or materials
Particular weather events (such as windstorms, hail)
Vehicle impact or explosion
Temporary structures like scaffolding

What is Not Covered:

General liability claims (separate policy necessary)
Design flaws, faulty workmanship, or material defects
Employee theft
Earthquakes or flooding (except if specially added)
Normal wear and tear

At Dunbar Beddingfield, we make sure you understand the scope of your project insurance coverage and help you avoid any potential coverage gaps.

When to Get Coverage and for How Long

The right time to buy builders risk insurance is before breaking the ground. Most policies begin the date that the work starts and conclude when the work is completed or the project takes occupancy. Dunbar Beddingfield is a commercial insurance agency that provides coverage extensions to handle delays, change orders, or unplanned events.

We also assist in coordinating your policy with your project stages, be you constructing from the beginning or doing complex renovations.

Get a Builders Risk Quote Today

Protect your construction investment with ease. Dunbar Beddingfield makes it easy to get a builders risk quote. Fast turnaround and expert professionals work to customize a policy that meets your project and budget.

If you are looking for a customized quote or expert guidance.

Get in touch with Dunbar Beddingfield now