Builder’s risk insurance, also known as course of construction insurance, serves as a protective measure for both the building’s owner and the construction team throughout the new construction or renovation process, shielding against potential losses such as theft, fire, storms, or other damages. This coverage extends to include materials, fixtures, and equipment, whether before or after installation. While typically obtained by the construction company, homeowners or business owners often opt to secure policies themselves to ensure adequate coverage.
With years of experience navigating builder’s risk insurance, Patterson & Associates Insurance Agency, Inc is adept at assisting businesses and individuals in finding the optimal policy.
Our team of professionals stands ready to promptly review and evaluate your property, providing an impartial assessment. Builder’s risk insurance transcends being a mere policy; it functions as a financial instrument to safeguard your investment in growth and innovation.