Course of Construction Coverage
New builds, upgrades, renovation - we have your construction projects covered.
Construction Coverage Made Easy
Construction projects demand more than insurance. They require responsive support, specialized expertise, and coverage that adapts as projects evolve. We make it easy to find the protection your clients need , backed by industry knowledge you can trust.
- Customizable coverage options
- Competitive market pricing
Cover the Build
Protection from the Ground Up
Construction risks begin long before the project is complete. Builders Risk Insurance helps protect developers, property owners, and general contractors from unexpected losses during new construction, renovations, and major improvement projects.
From the first stake in the ground to project completion, Builders Risk coverage helps protect the work, materials, and investment that bring your vision to life.
The right coverage helps keep your investment protected every step of the way.
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What does Course of Construction coverage protect against?
Hard Costs: Protecting the Build Itself
Hard costs are the direct expenses required to construct a project and represent the physical value of the work taking place on site. This can include building materials, labour, roofing systems, HVAC installations, framing, and other construction components, subject to policy terms and exclusions.
Soft Costs: Protecting the Investment Behind the Project
Construction delays can create expenses that extend well beyond the job site. Soft Cost Coverage helps protect against financial losses related to project delays, including architect and engineering fees, legal and financing costs, marketing expenses, permit fees, and administrative costs, subject to policy terms and exclusions.
Broad Form Protection Throughout Construction protects:
- Replacement cost of the building or insured project
- Materials and supplies stored on site for installaiton
- Materials and property in transit to the construction site
- Landscaping elements, including trees, plants, shrubs, or flowers intended to become part of the finished project
Single Project
VS Blanket Policy
Compare coverage options based on your build volume—whether it’s one site or multiple projects across locations.
- Single project specific location will be insured.
- Project specific limits will be applied.
- Quick and simple process for builders constructing only a few projects per year.
- Can apply to builders building 10 or more projects in a single year.
- Single application will extend to multiple locations.
- Blanket specific policy limits applicable to all project locations.
Wrap Up Liability Coverage
Wrap up liability intends to provide comprehensive liability coverage for an entire construction site protecting multiple parties involved under a single policy. Coverage is offered and compatible with project specific builders risk policies and commonly applies to various contractors, subcontractors, builders, and owners. Wrap up insures those involved carry the same liability limits while avoiding any coverage gaps or overlaps.
If a third party suffer an injury on the construction site, or if a subcontractor’s error leads to a lawsuit, wrap up coverage ensures adequate protection for the project owners and those parties involved under the policy.
Broad form Wrap Up coverage also extend to include:
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Products and Completed Operations with up to 24 month indemnity period
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Tenants Legal Liability
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Medical Payments
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Forest Fire Fighting Expense
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Non-Owned Auto Liability
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