Title: Builders Risk Insurance
Author: Kevin
Published: March 9, 2016
Last modified: May 14, 2021

---

#  Builders Risk Insurance

## Looking for Builders Risk Insurance in Plano?

Builder’s Risk Insurance, which some refer to as Course of Construction Insurance,
is a form of commercial property insurance which covers a building where the building
or insured area is presently being constructed or heavily remodeled.

It can cover just the structure, or also the materials on site waiting to be installed
or transported to the job site.

![builders risk insurance](http://mu.staging.advisorevolved.com/wp-content/uploads/
sites/18/2017/11/h-e-n-g-s-t-r-e-a-m-180108.jpg)

The builder’s risk insurance policy will pay for damages up to the coverage limit
in the policy. The limit must accurately reflect the total completed value of the
structure (all materials and labor costs, but not including land value).

**The construction budget is the best source for determining the appropriate limit
of insurance.**

Builder’s Risk insurance policies can often be purchased in terms of three-months,
six-months, or 12-months. If the project is not completed by the end of the initial
policy term, it can often be extended, but usually only one time.

## How much does a Builder’s Risk Insurance cost?

The builders risk policy will provide coverage for damage done to the insured structure
from a wide variety of events.

**Damage from the following events will be covered by most policies:**

 * Fire
 * Wind (may be limited in coastal areas)
 * Theft
 * Lightning
 * Hail
 * Explosion
 * Vandalism
 * Vehicles/Aircraft

You should read your course of builder’s risk insurance policy to be familiar with
its limitations and exclusions. Limited coverage is provided for collapse.

**Standard exclusions include:**

 * Earthquake
 * Employee theft
 * Water damage
 * Weather damage to property in the open
 * War
 * Government action
 * Contract penalty
 * Voluntary parting
 * Mechanical breakdown

An important exclusion which should be read in its entirety excludes coverage for
damage resulting from faulty: design, planning, workmanship and materials. Earthquake
and flood coverage may be purchased in some areas.

## How to get started on your Builders Risk quote

You can either [call our office](https://www.sterlinginsnow.com/contact/?output_format=md),
or start your quotes below, and submit some basic information. Either way, we’ll
make the process as simple as possible!

 * Are you a current client of our agency?*
    -   Yes
    -   No
 * What policy number(s) do you need help with if available?
 * |  |  [](https://www.sterlinginsnow.com/business/builders-risk-insurance/void(0);?output_format=md)
   [](https://www.sterlinginsnow.com/business/builders-risk-insurance/void(0);?output_format=md)
   |
 * What is the nature of your inquiry?*
    -   General Question
    -   ID Card Request
    -   Policy Change Request
    -   Discuss A Claim
    -   Certificate of Insurance
 * Describe your policy change request
 * What date do you need this policy change/request to take effect?*
 *   DD slash MM slash YYYY
 * Which vehicle do you need an ID card for (please enter year, make, and model)?
 * | Year | Make | Model |   | 
   |  |  |  |  [](https://www.sterlinginsnow.com/business/builders-risk-insurance/void(0);?output_format=md)
   [](https://www.sterlinginsnow.com/business/builders-risk-insurance/void(0);?output_format=md)
   |
 * Your Name*
 *    First    Last
 * Your Email*
 * Your Phone*
 * Please list the Additional Insured and/or Certificate Holder
 * Additional Insured and/or Certificate Holder Address
 *    Street Address   Address Line 2   City   State / Province / Region   ZIP /
   Postal Code
 * Details regarding your question, policy change, claim or other request:*
 * hCaptcha

#### Would You Like Us To Review Your Policies?

 * Are you a current client of our agency?*
    -   Yes
    -   No
 * What policy number(s) do you need help with if available?
 * |  |  [](https://www.sterlinginsnow.com/business/builders-risk-insurance/void(0);?output_format=md)
   [](https://www.sterlinginsnow.com/business/builders-risk-insurance/void(0);?output_format=md)
   |
 * What is the nature of your inquiry?*
    -   General Question
    -   ID Card Request
    -   Policy Change Request
    -   Discuss A Claim
    -   Certificate of Insurance
 * Describe your policy change request
 * What date do you need this policy change/request to take effect?*
 *   DD slash MM slash YYYY
 * Which vehicle do you need an ID card for (please enter year, make, and model)?
 * | Year | Make | Model |   | 
   |  |  |  |  [](https://www.sterlinginsnow.com/business/builders-risk-insurance/void(0);?output_format=md)
   [](https://www.sterlinginsnow.com/business/builders-risk-insurance/void(0);?output_format=md)
   |
 * Your Name*
 *    First    Last
 * Your Email*
 * Your Phone*
 * Please list the Additional Insured and/or Certificate Holder
 * Additional Insured and/or Certificate Holder Address
 *    Street Address   Address Line 2   City   State / Province / Region   ZIP /
   Postal Code
 * Details regarding your question, policy change, claim or other request:*
 * hCaptcha

### Request Your Proposal Here

Are you ready to save time, aggravation, and money? The team at The Sterling Insurance
Group is here and ready to make the process as painless as possible. We look forward
to meeting you!

 [ Start Here ](https://www.sterlinginsnow.com/quotes/?output_format=md)