Are you a General Contractor?

Are you a General Contractor?

While buildings are being constructed they are subject to many different risks. Builders risk insurance is there to protect you against such risks. Purchased by the general contractor or the property owner, it can be customized to cover a host of tools, equipment, and skilled employees in addition to the actual structure being built.

Coverage is provided during the construction period and once the project is complete the builders risk insurance is terminated. The coverage usually includes protection from:

• Fire
• Theft
• Wind
• Vandalism

Builders risk insurance should be ready to go before the materials are even delivered to the site to begin building. This type of property insurance is especially needed for the general contractor to keep him insured in case something goes wrong. So if you are or if you know someone who is a general contractor then make sure they know about builders risk insurance.