Builder’s Risk Insurance
Builder’s Risk Insurance for Apartment Construction & Renovations
Whether you’re breaking ground on a brand-new apartment complex or upgrading an existing building, you need protection from the unexpected. Our Builder’s Risk Insurance is specifically designed for apartment construction and renovation projects — covering the structure, materials, and equipment from the first shovel to final sign-off.
Coverage Highlights:
- Structure & Materials: Protects the building under construction and all materials on-site, in transit, or temporarily stored elsewhere.
- Theft & Vandalism: Covers stolen or damaged construction materials, tools, and equipment.
- Fire, Wind, and Weather Damage: Safeguards against common perils during the course of construction.
- Soft Costs: Optional coverage for financial losses due to construction delays — such as loan interest, architectural fees, and permit costs.
- Renovation Coverage: Tailored protection for remodeling, retrofitting, or upgrading existing apartment buildings.
- Flexible Terms: Policy durations matched to your project timeline, with easy extensions available.
Who It’s For:
- Real estate developers
- Apartment complex owners
- General contractors
- Property investors
Why Work With Us?
- Fast quote turnaround — get covered and break ground quicker
- Competitive rates for projects of all sizes
- Expert support for new builds and complex renovations
- Easy proof of insurance for lenders and permitting