Protect your next construction project with the right insurance plan.

Otherwise known as construction or course of construction insurance, builders risk insurance is a form of property insurance specifically designed to cover structures and buildings that are under repair, renovation, or construction. One of these policies provides coverage for damage or loss to a structure and its components while the construction process is underway.

One important thing to remember about builders risk insurance is that it is usually temporary. It’s designed to cover a construction project until it is either completed or reaches a specified milestone. After this term is complete, you must secure a permanent property insurance policy to protect the building.

The main purpose of builders risk insurance is to protect your financial interests during a construction project. You can tailor your policy to meet the specific needs of your project, and the coverage amount is usually based on the estimated completed value of the project.

If you need help finding the best insurance policy for your needs, we encourage you to reach out to our experienced team. At Legacy Insurance Partners, we can help you find and secure a beneficial builders risk insurance policy for your upcoming construction project. We are adept at finding the best possible policies for our clients and providing excellent customer service throughout every step of the way.

Our goal is to help you protect your interests and your finances when you embark on a new construction project. Contact our team at Thacker & Brooks Insurance, a Legacy partner, in Greensboro, North Carolina to learn more and to discuss your insurance needs with us.

With builders risk insurance representatives serving the communities of Asheville, Davidson, Greensboro, Hickory, North Wilkesboro, Albemarle, and Raleigh, North Carolina, our team at Legacy Insurance Partners is available to partner as your trusted business insurance advisor utilizing a consultative approach.