What Does Builder’s Risk Insurance Cover? – Forbes Advisor

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Builder’s risk insurance provides property coverage for buildings and structures that are under construction. If you’re a builder or a commercial property owner, you could face considerable monetary loss if something goes wrong with the construction of a building if you don’t have builder’s risk insurance.

This coverage is also known as “course of construction insurance.”

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What Builder’s Risk Insurance Covers

Builder’s risk insurance protects against fire, wind, theft and vandalism during the construction process. It also protects against lightning, hail, explosions and hurricanes. Here’s a look at all the things a builder’s risk insurance policy covers.

A builder’s risk policy may cover:

  • Buildings and
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