Florida Builders Risk Insurance
We are Florida's Builders Risk Insurance Experts.

How Builders Risk Insurance Protects Your Construction Project
In the professional world, there is simply no substitute for being prepared and ready to deal with all potential pit falls and hazards that might occur in the course of the operations of your business. If you are a builder or a contractor, this is doubly true. With such high stakes involved with the occupation of constructing buildings and other things for clients, you need to ensure that you protect yourself if things go awry, and you are hit with a claim against your handiwork. Builders' risk insurance is the best form of this protection, and you will find that it is the best option available to you in your day to day dealings.
Builders' risk insurance is a particular form of property insurance policy coverage that protects you against the damages and liabilities of any building that suffers damage or defects during construction. This type of insurance is designed specifically to protect the financial interests of you and your contracting company in the event of any type of damage. Builders' risk insurance is intended to cover the costs of materials, repairs, labor and equipment should any damage occur during the construction phase of a building that you are contracted to erect.
Builders' Risk Insurance Can Protect You And Your Company From:
Fire
This type of insurance protects against any accidental fires that occur during the construction phase, and any acts of arson that are not perpetrated by the owner of the property.
Theft
Builders' risk insurance also protects against the theft or loss of any of the materials involved in constructing the building, or in any of your own equipment that is used during the construction phase.
Vandalism
This type of insurance also protects against random acts of vandalism that may occur on the job site either on hours or off hours, when there is no one watching or protecting the job site.
Lightening, Violent Winds And Storms
Builders' risk insurance also indemnifies you and your company against the damage wrought by lightening strikes, violent winds and any storms that are serious enough to cause significant damage (except hurricanes, which require separate coverage).
Builders' risk insurance does not typically protect against hurricanes, flooding, damage in the event of a violent attack or if the owner of the property intentionally inflicts damage to the building or any of the materials or equipment during the construction phase of the project.
The biggest benefit to procuring a policy for builders' risk insurance is that it protects your financial and material interests during the construction phase of a proposed project, when you are most liable for anything that goes wrong. If a piece of equipment is going to get stolen from you, chances are it will be when it is on the job site. Likewise, if 500 feet of copper wire is stolen or 20 sheets of drywall are vandalized, chances are that will be occurring on the job site as well. Builders' risk insurance is an invaluable measure meant to protect your financial and material interests in a project until you have completed the construction on it.
There is much, much more to a Builders Risk Insurance Policy in Florida, and the best way to understand how it will protect your business is to Request a Quote to discuss your unique situation.
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