Protect your building when it’s under construction.
Also known as construction insurance, builders risk insurance protects buildings while they are under construction. This type of specialized property insurance is essential during any construction project and serves as the foundation of any effective risk management program.
Depending on your policy, builders risk insurance could protect your interests in case your building is damaged by fire, lightning, hail, theft, vandalism, or other disasters while under construction. In some cases, these policies can also cover additional soft costs and expenses not directly related to the construction project, like real estate taxes, lost sales, rental income, and additional interest on loans.
We recommend that anyone who has a financial interest in a building’s construction secure a builders risk insurance policy. You might need one of these policies if you are a lender, contractor, property owner, or a subcontractor.
At Legacy Insurance Partners, we can help you find and select the right builders risk insurance policy for your construction project, no matter your level of involvement. Our consultative approach helps our clients find the best possible policies for them instead of merely helping us fill a quota.
Our team of insurance professionals are eager to talk to you and help with your insurance needs when you need builders risk insurance in Hickory, North Carolina. Contact us today and set up your first appointment with one of our insurance team members.
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.