Insurance Protection for Construction Companies

Builders risk insurance protects a building while it is under construction. This is important, as a home or building under construction will not be covered under a typical commercial property or home insurance policy.

A covered building under construction includes the building itself, as well as foundations, fixtures, machinery, equipment used to service the building or materials and supplies used for construction within 100 feet of the premises. Builders risk insurance can also be used to cover specific projects such as a new porch, additional room, new kitchen or bathroom. This type of policy does not provide any liability coverage. Builders risk insurance typically covers losses to buildings under construction due to:

• Damage to materials installed or uninstalled

• Protection for materials in transit or lcated at temporary locations

• Damage to the dwelling due to fire, lightning, wind or vandalism

• Fire department service charges 

• Coverage for losses due to ordinances or laws

• Optional flood and earthquake coverage

• Coverage for theft of materials 

Call Stanton Insurance today and ask to speak to one of our commercial producers to learn more. You can also request a free quote by clicking the button below.

781-893-3200