New construction
Discuss a new home or eligible small commercial building, including the planned construction period, completed value and parties with an insurable interest.
Broward County, Florida
Builders Risk Insurance
Coverage options for eligible new construction and renovation projects while work is underway. Tell us about the property, scope and schedule, and we can help review available insurance markets.
Insurance for a property under construction
Builders risk, sometimes called course-of-construction insurance, is designed for certain property exposures during a construction or renovation project. Depending on the policy and project eligibility, coverage may apply to a building in progress and certain materials or supplies. The covered property, causes of loss, limits, deductibles and coverage period depend on the quote and issued policy.
Projects that may need a builders risk review
Coverage needs can differ for a ground-up build and a renovation. We can help you identify the details an insurer will need to evaluate your project.
Major renovation
Describe the existing property, the work being performed, whether it will be occupied, and how the project changes the building’s value and risk.
Owners, builders and investors
Owners, developers and contractors may have different responsibilities. Clarify who owns the property, who is performing the work and what the construction contract requires.
Coverage details to discuss before work starts
Do not assume every builders risk policy covers the same property or events. Ask how the proposed policy treats these items for your specific project:
- The building and project materials, including when and where they are covered
- Existing structures or property being renovated
- Windstorm, theft, water damage, flood and other causes of loss
- Deductibles, exclusions, protective safeguards and inspection requirements
- Coverage start and end dates, extensions and project delays
- Whether separate general liability or workers’ compensation coverage is needed
Information that helps us review a project
When you request a quote, share what you know about the project. We can follow up if more information is needed.
- Property address and project type
- Construction or renovation scope and estimated start date
- Estimated completion date and requested policy term
- Current property value, construction budget and completed value
- Building type, square footage, number of stories and existing conditions
- General contractor, subcontractor arrangements and relevant experience
- Site security, prior insurance and any known claims or losses
How the review works
Share the project details
Send the location, scope, values and timeline through our quote request page.
Review available options
We’ll assess the information and discuss markets and terms that may be available for your project.
Confirm terms before binding
Review the quote, exclusions, deductibles and any required documents before coverage is bound.
Builders risk insurance in Broward County
We assist with insurance reviews for projects in Fort Lauderdale, Hollywood, Pembroke Pines, Coral Springs, Davie, Plantation, Pompano Beach and other Broward County communities. Availability depends on the project, carrier underwriting and the information submitted.
Builders Risk Insurance FAQs
When should I request builders risk insurance?
Start the discussion before construction or renovation begins. The carrier may need to review the project, values, schedule and site protections before offering terms. A quote or application does not bind coverage.
Can builders risk cover a renovation?
Some markets consider certain renovation projects, but eligibility and terms depend on the scope, existing building, occupancy, construction period and other underwriting details. Describe the work accurately so the insurer can evaluate it.
How much coverage should I request?
The appropriate limit depends on the property and project values and how the policy defines covered property and valuation. We can help collect the information for a quote, but the carrier’s terms and policy language determine the available limit and settlement basis.
Does builders risk automatically cover wind, flood, theft or materials in transit?
No. Coverage varies by policy. These items may be excluded, limited, subject to separate terms or unavailable for a particular project. Review the quote and policy wording carefully before relying on any coverage.
Start a Builders Risk Insurance Review
Share your construction or renovation details and we’ll help you review available options for your Broward County project.
Insurance products, eligibility, coverage and availability vary by carrier and individual circumstances. Coverage is subject to underwriting and the terms, conditions, limitations and exclusions of the issued policy. Submitting information through this website does not bind, change or cancel insurance coverage.