Builders Risk

Builder’s risk insurance policies are an essential component for any general contractor (GC) or property owner who is either building a new structure or making improvements to an existing structure. Often, this type of insurance is purchased by the building owner, but it is often required that the GC is also covered. Builder’s Risk falls under Property Insurance, and does not provide liability coverage.

This kind of insurance policy helps to ensure coverage against losses that can be found due to fire, lightning, wind, vandalism/theft, and other natural disasters. The duration of coverage is usually throughout the period of construction and is over once the project is completed.

To learn more about Builder’s risk insurance, contact Emar Insurance today!