Builder’s Risk Insurance

Protection During Construction

Keep your project secure from start to finish.

Construction projects come with risks, from weather damage to theft and unexpected delays. Builders risk insurance protects your investment while your project is underway. At Washington First Insurance, we offer policies tailored for contractors, developers, and property owners to ensure smooth project completion with minimal financial setbacks.

A row of houses under construction with scaffolding around them
A family is standing in the hallway of their home.

Safeguard your build from the unexpected.

A construction site faces unique risks, making the right coverage essential. Builders risk insurance covers damage, materials, and financial losses from delays. Explore the coverage options available for your project.

Coverage Options
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Property Damage Coverage

Protects against fire, weather events, vandalism, and theft of materials, tools, and equipment during construction.

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Financial Loss Protection

Helps cover unexpected costs from project delays caused by covered events, keeping you on budget.

A black and white drawing of a bucket of cement and bricks.

Material & Equipment Coverage

Ensures that construction materials, supplies, and equipment are protected before and after installation.

Answers to common questions about builders risk insurance.

  • What does builders risk insurance cover?

    It protects buildings under construction, including materials, tools, and labor costs from fire, theft, vandalism, and weather damage. It also covers financial losses due to project delays caused by covered risks.

  • Who needs builders risk insurance?

    Contractors, property owners, and developers all benefit from builders risk coverage. If you’re financing a project, lenders often require it to protect their investment.

  • Does builders risk insurance cover construction defects?

    No, builders risk insurance does not cover faulty workmanship or design flaws. However, it protects against damage from external risks like storms or fire.

  • How long does builders risk insurance last?

    Policies typically last for the duration of the construction project. Coverage ends once the project is complete or the property is occupied.

  • How do I choose the right coverage amount?

    Coverage should reflect the total estimated cost of the construction project, including materials and labor. Our team can help assess your needs and customize a policy.