Business Insurance
Builder’s Risk
Protect structures under construction from fire, theft, weather, and vandalism.
Get a Quote*General coverage descriptions listed below are intended as educational overviews and may not reflect the specific terms of any policy placed by Rampart Risk Advisors LLC. Coverages often vary by carrier and the risk profile of each individual business. Always refer to your policy to determine what exposures, perils, or claims are covered.
What’s Generally* Covered
- Physical damage to a structure while under construction, renovation, or repair
- Materials, fixtures, and equipment on-site or in transit to the project, awaiting installation
- Damage from fire, theft, vandalism, and windstorm during the build
- Soft costs coverage options (delay-related expenses) on some policies
- Scaffolding, fencing, and temporary structures tied to the project
- Coverage that typically ends when the structure is completed, occupied, or sold
Who It's For
- General contractors and developers managing new construction
- Property owners financing a ground-up build or major renovation
- Contractors required by a lender or GC to carry builder’s risk before work begins
- Projects where standard commercial property coverage doesn’t apply because the structure isn’t yet complete or occupied