Until a building is finished and occupied, no permanent property policy covers it. Builder’s Risk protects the work-in-progress — materials, labor invested, and the structure itself — through the riskiest stage of its life.
What it covers
- The structure under construction
- Materials and supplies on site, in transit, or in storage
- Soft costs — lost interest, permits, extra fees from a covered delay
- Wind and named-storm coverage (critical in Florida)
Who needs it
General contractors, developers, and owners on any ground-up or major-renovation project.
Florida note
Hurricane-critical June–November. We line up the named-storm deductible and wind coverage before the season — not after a cone shows up on the forecast.