Builder's Risk Insurance

From ground-break to handover, the structure itself is covered.

A building under construction isn't covered by anyone's ordinary property policy — builder's risk (course of construction) insures the structure, materials, and soft costs from ground-break to completion, for fire, theft, vandalism, and weather.

We arrange builder's risk for builders, renovators, and project owners, per-project or on annual reporting forms for those who build continuously.

What's covered

The structure and works in progress
Materials on site, in transit, and in temporary storage
Theft and vandalism during construction
Weather damage to the works
Soft costs: financing, permits, and professional fees after a loss
Renovation builder's risk alongside the existing structure

Good to know

Frequently asked questions

Who buys builder's risk — the owner or the contractor?: Whoever the contract says: construction contracts assign it explicitly, and lenders usually require it either way. We read the contract and place it in the right name with all parties insured as required.
Does builder's risk cover a renovation to an occupied home?: Yes — renovation builder's risk covers the works while the homeowner's policy continues on the existing structure. Coordinating the two (and notifying the home insurer) is the part people miss.
When does builder's risk end?: At completion, occupancy, or the policy's expiry, whichever the wording triggers first — and the handover to permanent property insurance must be seamless. We diarize it so no gap opens at the riskiest moment.

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Insurers we compare for builder's risk insurance

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Frequently asked questions

Who buys builder's risk — the owner or the contractor?

Whoever the contract says: construction contracts assign it explicitly, and lenders usually require it either way. We read the contract and place it in the right name with all parties insured as required.

Does builder's risk cover a renovation to an occupied home?

Yes — renovation builder's risk covers the works while the homeowner's policy continues on the existing structure. Coordinating the two (and notifying the home insurer) is the part people miss.

When does builder's risk end?

At completion, occupancy, or the policy's expiry, whichever the wording triggers first — and the handover to permanent property insurance must be seamless. We diarize it so no gap opens at the riskiest moment.