Builders risk policies protect your construction project from a range of perils. Here's what's typically covered, and what's not.
Builders Risk Insurance
Protect your construction project from the ground up. We help home builders, general contractors, and homeowners find the right builders' risk coverage at the right price.
Coverage for fire, theft, vandalism, and weather damage
New construction, renovations, and remodels
Residential and commercial projects
Fast quotes from top-rated carriers
What is Builders Risk Insurance?
Builders' risk insurance, also called course of construction insurance, protects buildings under construction from covered losses like fire, theft, vandalism, and certain weather events. It covers the structure itself, as well as on-site materials, fixtures, and equipment in transit.
At WeatherBee's, we shop multiple carriers to find you the right builders' risk coverage at competitive rates.
Builders Risk Insurance for Every Type of Project
We work with home builders, contractors, developers, and homeowners on residential and commercial construction projects. Here are some of the operations we specialize in:
Custom Home Builders
Coverage for custom single-family home construction, from foundation to final finishes.
Spec Home Builders
Protect speculative builds where you're the owner until the home sells.
General Contractors
Builders risk for GCs managing residential and light commercial construction projects.
Remodeling Contractors
Coverage for major renovation and remodeling projects, including additions and gut rehabs.
Developers
Multi-unit residential projects, townhomes, condos, and mixed-use developments.
Homeowners
Building your own home? You may need builders risk coverage during construction, even if you have a contractor.
Vacant Property Renovations
Coverage for renovation projects on vacant or abandoned properties being restored.
Why Home Builders Choose WeatherBee's
Knowledge
We understand construction, project timelines, lender requirements, and what's actually at risk during the build.
Pricing
We shop multiple carriers to find competitive rates based on your project value and timeline.
Experience
Years of covering builders and contractors. We know how to structure policies that protect your investment.
Local Agency, Big Reach
A local team who moves fast when you need coverage, backed by access to top construction insurers.
Real Businesses. Real Coverage. Real Results.
We've helped hundreds of business owners across the US find the right coverage, without the runaround. Here's what they have to say.
Getting covered shouldn't be complicated
We've simplified the process so you can break ground with confidence.
Get Your Builders Risk Insurance Quote
Tell us about your construction project and we'll get back to you with coverage options, usually within 24 hours. Or call us at 704-993-9060 to speak with a builders risk specialist today.
Our Carrier Partners
We partner with A-rated carriers across every industry. That means competitive rates, flexible coverage, and underwriters who understand your business, whether you're a contractor, restaurant owner, manufacturer, or trucking company.
Builders Risk Insurance FAQs
Q What is builders risk insurance?
A
Builders' risk insurance is a type of property insurance that covers buildings under construction. It protects against losses from fire, theft, vandalism, and certain weather events. Coverage applies to the structure, materials, and fixtures until construction is complete.
Q Who needs builders risk insurance?
A
Anyone with a financial interest in a construction project may need builders' risk coverage, including home builders, general contractors, developers, and homeowners building a custom home. Lenders typically require it for construction loans.
Q What does builders risk insurance cover?
A
Builders risk typically covers the structure under construction, building materials on-site or in transit, and installed fixtures. It protects against fire, lightning, windstorm, hail, theft, and vandalism. Soft costs, debris removal, and ordinance coverage can be added.
Q Who pays for builders risk insurance?
A
It depends on the contract. On custom home projects, the homeowner often pays. On contractor-led projects, the builder or GC may be required to carry it. On financed projects, the lender typically requires coverage and is listed as loss payee.
Q Do I need builders risk if I have homeowners insurance?
A
Standard homeowners insurance doesn't cover buildings under construction. If you're building a new home or doing a major renovation, you'll likely need a separate builders risk policy until the project is complete.
Q How long does builders risk coverage last?
A
Policies are typically written for 3, 6, or 12 months depending on the expected construction timeline. If the project runs longer, the policy can usually be extended.
