While Under Construction ...
Builder's risk insurance is a special type of property insurance which indemnifies against damage to buildings while they are under construction.
It provides coverage that protects the insurable interest of a person or organization in materials, fixtures and/or equipment being used in the construction or renovation of a facility or building if those items sustain physical loss or damage from a covered cause.
Perils You Face ...
Builder's risk insurance covers perils such as fire, wind, theft and vandalism. It typically does not cover perils such as earthquake or flood unless the policy has been specifically endorsed to do so. These policies do not cover accidents and injuries at the workplace and they are intended to terminate when the work has been completed and the property is ready for use or occupancy. A well-prepared policy should be effective before the materials are delivered to the job site.
My Registered User
To apply for insurance you should first become a Registered User and then complete a brief Organization Profile