Builder’s Risk

This is a policy that is designed to provide coverage for buildings while under construction. It covers the contractor’s interest in materials at the job site before they are installed, materials in transit intended for the job and the value of the property being constructed until it is completed and accepted by the owner.

The policy may be written to cover the whole structure for new construction or the cost of remodeling and renovation projects. It can also be used to cover specific projects such as a new room addition, a deck or a remodeled kitchen.

RECENT BLOG POSTS
  • Putting a Price Tag on the 12 Days of Christmas

    Putting a Price Tag on the 12 Days of Christmas

    Every year, PNC Financial Services Group calculates each of the 12 Days of Christmas gifts and their respective prices. An interactive infographic also shows consumers the price of the gifts compared to …Read More »
  • The Best Crossover Vehicles for Winter

    The Best Crossover Vehicles for Winter

    The Best Crossover Vehicles for Winter December 2017 12 Whether your “winter” lasts a day--or months--Property Casualty 360 offers a list of the top cross over vehicles to move you into spring.Read More »