Call Us (866) 994-3253 ☰ ˟
Logo
Call Us: (866) 994-3253
  • Home Page
  • Get a Quote
    • Auto Insurance QuoteImage of right arrow
      • Classic Cars Insurance Request
    • Homeowners Insurance Quote
    • Business & Commercial Insurance QuoteImage of right arrow
      • General Liability Quote Form
      • Business Owners (BOP) Quote Form
      • Workers' Compensation Quote Request
      • Umbrella Insurance Quote Request
      • Commercial Auto Insurance Request
    • Recreational Vehicle Insurance QuoteImage of right arrow
      • Motorcycle Insurance Quote
      • Watercraft Insurance Quote
    • Renters Insurance Quote
  • Our Products
    • Automobile
    • Business & CommercialImage of right arrow
      • Commercial Auto Insurance
      • Commercial Umbrella Insurance
      • General Liability Insurance
      • Workers Compensation
    • Homeowners
    • Renters
    • Motorcycle
    • Recreational Vehicle
    • Watercraft & Boat
  • Blog
  • Make a Payment
  • Resources
    • Secure Area
    • Refer a Friend
    • Important Links
    • Insurance Glossary
  • About Us
    • About Us
    • Location(s)
    • Testimonials
    • Privacy Policy
  • Contact Us
    • Contact Us
    • Join our Newsletter
Auto Icon

Auto

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home Icon

Home

We browse through a wide variety of coverages and find the right one for you.

Learn More
Commercial Icon

Commercial

We browse through a wide variety of coverages and find the right one for you.

Learn More
Life Icon

Life

We browse through a wide variety of coverages and find the right one for you.

Learn More
Recreational Icon

Recreational

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Builders Risk Insurance | Southwestern Insurance - Dallas, TX

Construction Insurance


Construction Insurance Information

Builder’s risk insurance can provide coverage for hazards during construction or renovation projects. The building, materials and supplies are exposed to several risks during the course of a job, and the right policy can offer financial safeguards is this property is damage, lost or destroyed.  


Each situation is unique, and the agents at Southwestern Insurance can help you obtain a builder’s risk policy that fits your needs. Contact us today for additional information. 


What Does Builder’s Risk Insurance Cover? 


Builder’s risk insurance may cover several types of property during a project, including:  


  • Residential or commercial buildings under construction.

  • Building materials and supplies at a job site, in transit or stored off-site.



Additionally, policies may be available to cover debris removal, loss of construction-related documents (e.g., blueprints) or damage to temporary structures (e.g., signs).  


Coverage for losses of “soft costs” due to delayed construction as a result of property damage may be obtainable as well. These costs may include additional taxes, architect’s fees, penalties or lost rental income.  


Who Needs Builder’s Risk Insurance? 


Typically, either the general contractor or project owner purchases builder’s risk insurance for a project. Other parties with a financial interest in the project may then be listed as additional insureds. These could include the following: 


  • Subcontractors

  • Architects

  • Lenders

  • Engineers



When Does Builder’s Risk Insurance Provide Coverage? 


Builder’s risk insurance is a temporary policy connected to a construction project. Coverage may begin when the job’s contract is signed, and it may end when: 


  • The policy expires or is canceled.

  • The building is occupied.

  • The project has been finished for an established number of days (e.g., 30 or 90).

  • The property is put to its intended use.



Policies may contain specific provisions that start or end coverage for other reasons. It is essential to note these terms to ensure protection during the desired times. 


How Much Does Builder’s Risk Insurance Cost?  


The cost of a builder’s risk insurance policy varies. Numerous factors, including the size, location and type of the project, the property being insured and the amounts of coverage selected could affect the premium. 


Contact Us Today 


The experienced professionals at Southwestern Insurance can help you find the optimal builder’s risk policy. Contact us today for more information or a quote.  

Contact Us Today!
(866) 994-3253

Social Social Social Social

Resources

  • Products
  • Customer Service
  • Payment Options
  • Report a Claim
  • About Us
  • Refer A Friend
  • Our Carriers
  • Blog
  • Contact Us

Contact Us

4144 N Central Expy, STE 600
Dallas, TX 75204

PH: 972-291-2904  | Toll Free: (866) 994-3253 | F: 972-291-4065
© Copyright. All rights reserved. | Powered by Insurance Website Builder