What is builders risk insurance?
Builders risk insurance is insurance coverage designed specifically to protect buildings and structures that are under development, renovation or construction as well as the equipment being used in the construction project. Builders risk coverage can include protection for construction materials, heating and air-conditioning equipment, labor costs and expenses as well as temporary structures such as cribbing, false work, fencing, scaffolding, construction signs and even trees and other plants.
In addition to the materials, labor and expenses coverage, builders risk insurance also helps cover the costs of debris removal and defective workmanship. A builders risk insurance policy from The Hartford helps cover the owner, the general contractor, subcontractors, and the financing bank.
You Also May Be Interested In The Following Commercial Insurance Coverage
Quality commercial insurance coverage protects a business from many liability issues. Contact Josh Jackson and Jake Jackson at Jackson Insurance Solutions in Albuquerque for information on all of the business insurance lines we offer.
Business Liability - Commercial Auto - Professional Liability - Workers Compensation - Property Insurance - Commercial Umbrella - Directors & Officers Insurance - Cyber Liability Insurance - Builders Risk
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Jackson Insurance Solutions provide commercial line insurance for the state of New Mexico serving the communities of Albuquerque, Rio Rancho, Edgewood, Tijeras, Cedar Crest, Sandia Park, Golden, Madrid and Cerrillos.