Construction projects come with risks, from weather damage to theft and unexpected delays. Builders risk insurance protects your investment while your project is underway. At Washington First Insurance, we offer policies tailored for contractors, developers, and property owners to ensure smooth project completion with minimal financial setbacks.
A construction site faces unique risks, making the right coverage essential. Builders risk insurance covers damage, materials, and financial losses from delays. Explore the coverage options available for your project.
Protects against fire, weather events, vandalism, and theft of materials, tools, and equipment during construction.
Helps cover unexpected costs from project delays caused by covered events, keeping you on budget.
Ensures that construction materials, supplies, and equipment are protected before and after installation.
It protects buildings under construction, including materials, tools, and labor costs from fire, theft, vandalism, and weather damage. It also covers financial losses due to project delays caused by covered risks.
Contractors, property owners, and developers all benefit from builders risk coverage. If you’re financing a project, lenders often require it to protect their investment.
No, builders risk insurance does not cover faulty workmanship or design flaws. However, it protects against damage from external risks like storms or fire.
Policies typically last for the duration of the construction project. Coverage ends once the project is complete or the property is occupied.
Coverage should reflect the total estimated cost of the construction project, including materials and labor. Our team can help assess your needs and customize a policy.