Apply online for a builders risk quote on your project. We compare several construction insurers and charge no broker fees.
Builders risk insurance covers the building, materials and work in progress while a project is under construction. Its cost depends on the completed value, construction type, address, fire protection and how long the project runs. Apply online with the site address, project values and schedule, and one application reaches several construction insurers.
Choose the project type, then give the site address, construction, values and schedule.
We check the project and address with several insurers and ask only for anything they still need.
Each quote shows its premium, deductibles, limits and term. Nothing is bound until you approve it.
Owners, general contractors, developers and volume builders can all apply, though applicant rules vary by market. Some programs require a licensed general contractor and experience history, while others accept an owner builder. The form keeps every route open.
Each program sets its own project and online rating limits. One construction program has a $4 million building limit, while another considers single frame projects up to $25 million, subject to underwriting review. Share the full project value so the broker can check the appropriate program.
The project's address decides which programs can write it: wildfire hazard, active-fire proximity, coastal distance and over-water construction affect each program differently. The broker checks the address across the shopping path instead of applying one carrier's cutoff to all.
One form reaches several construction markets by asking for the construction, values, schedule and site details they need to quote. Flood and earthquake options come through select markets, and how claims are paid and optional limits for soft costs (interest, permits, delays) vary by insurer.
Eligibility and referrals depend on the program. Modular construction, coastal sites and wildfire exposure need review of the project and address.
One application reaches several builders risk markets, so you tell us about the project once. We compare the available builders risk markets and help you review the options.
Commonly covered, with a sublimit that varies by market.
Windstorm or hail can carry its own deductible.
Optional cover for costs such as loan interest during a delay.
Available as options through select markets, depending on the address.
The FAIR Plan commercial fire policy writes buildings under construction, including a rebuild after a wildfire.
The FAIR Plan asks for a photo of the site and applies a mandatory minimum deductible to construction projects.
A home being rebuilt can stay on the FAIR Plan while it is under construction, beyond the one year vacancy limit.
Each program sets its own cap by construction type. A larger project still starts here, as a full application for markets that review each project by hand.
Building limits up to $4M, subject to eligibility.
Up to $25M on another program, subject to underwriting review.
One national program publishes a minimum premium of $400 per policy term. One renovation quote Menlo received in September 2026 came to $7,407.12 for the term, with the policy fee and surplus lines tax included. That is one quote and not an average. Above the minimum, the project sets the price.
Our cost guide: the published minimum premium, a recorded quote and what moves the price.
Yes. Course of construction is another name for the same inland marine policy that covers a building while it is being built or renovated. Lenders and contracts use the two names interchangeably.
Either may buy it, depending on the market. Some programs require a licensed general contractor, while owner builders route to markets that accept them. The form stays open so the broker can make that match.
Because the lender's collateral is a building that does not exist yet. Builders risk covers the structure, materials and the work in progress while it is being built, which is why funding is conditioned on proof of coverage before the first draw.
Renovations are insured in two parts, the existing building value and the cost of the renovation work. One program writes renovation terms month by month up to 12 months. Valuation and loss settlement terms vary by market, so the broker reviews both parts of the proposed coverage.
It depends on the program. New construction commonly runs 12 months, one program offers 3, 6, 8, 10 or 12 month terms, and a project that will take longer than a year has options too, up to about 30 to 36 months on one policy in select markets. Provide the planned schedule and confirm the term and any extension in the actual proposal.
It can, through select markets. Flood and earthquake are options rather than part of every builders risk policy, and whether a market offers them depends on the project's address. Ask for them in the request and the broker confirms what each quote includes.
Eligibility varies by program. Over-water construction, recent bankruptcy or foreclosure, and fraud or arson history can rule out individual programs. Modular construction and projects near the coast or wildfire areas may need underwriting review. Describe the construction, location and history so the broker can check the available options.
Coverage starts on the policy's effective date and ends at events such as completion or occupancy, so ask the broker to confirm both. Do not assume that delivery of materials or starting the application puts coverage in force.
Soft costs are the costs that continue after a covered loss delays the project: construction loan interest, lost rents, re-engineering and permit refiling. They are an optional coverage with limits that vary by market, not an automatic part of the policy.
Usually yes: theft of building materials is commonly covered with a sublimit. The limit varies by market, so the broker confirms it on each quote.
Builders risk primarily covers the building and materials. Some programs include premises liability or offer it separately for the property owner, subject to underwriting. The contractor's own general liability is a different coverage. Tell us whose liability needs protection and whether you want liability only, so we can review the available options.
We offer coverage in the states where we are licensed. Begin a quote with the address of your business or risk, and we'll let you know which markets can write that location before you spend much time on the questions.
Tell us about the coverage you need and complete the application. We use those details to approach suitable markets and may ask follow-up questions. Requesting a quote does not put coverage in force.
Fill in one short form or call us. No broker fees.