Commercial Lines Coverage
Coverage for construction projects from groundbreaking to completion — protecting the structure, materials, and equipment on your job site.
Builder's risk insurance (also called course of construction insurance) covers buildings and structures under construction. It protects against losses from fire, theft, vandalism, wind, and other perils during the construction period. Most lenders and project owners require it, and it's essential for any significant construction or renovation project in South Florida.
GCs are typically responsible for obtaining builder's risk coverage on projects they manage — and most project owners require it.
Real estate developers building new structures need coverage from the first day of construction through certificate of occupancy.
Major home renovations — additions, gut rehabs, roof replacements — often require a builder's risk policy during construction.
While GCs typically carry the primary policy, subcontractors may need their own coverage for specific scopes of work.
Construction lenders typically require builder's risk as a condition of the construction loan.
Any commercial property owner undertaking significant construction or renovation on their building.
Coverage typically begins when construction starts and ends when the project is complete and occupied, or when the policy term expires. We can structure the policy to match your project timeline.
Standard builder's risk covers materials incorporated into the structure. Tools and equipment are typically covered under a separate inland marine or equipment floater policy.
It's not legally required, but most lenders and project owners require it contractually. It's also simply good risk management for any significant construction project.
South Florida's hurricane exposure is a key consideration. We work with carriers that offer wind coverage for construction projects, and we'll make sure your policy addresses this risk.
Our licensed advisors will find you the best rate across 100+ carriers. No obligation, no pressure — we speak English and Spanish.