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New Hampshire Builders Risk Insurance

Learn more, or request a builders risk insurance quote in Concord NH. 

Building and construction projects are complicated with no shortage of things that can go wrong. With everything that can happen during the construction process, it is essential to have the proper builders risk insurance in Concord NH. Of all of the different insurance coverages to consider, builders risk insurance is one of the most essential for companies in the construction industry.

We are well-versed in the ins and out of New Hampshire builders risk insurance. We know how to get you the right tailored coverage in a fast & affordable way. Consider us a resource for your builder’s risk policy needs and construction projects in New Hampshire; we’re here to help!

Get cost-effective New Hampshire builders risk coverage in Concord, Manchester, Loudon, Merrimack, Hooksett, Bedford and throughout the Granite State.

 

Find the best builders risk insurance for your project’s needs. 
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PROTECTION FOR YOUR CONSTRUCTION PROJECTS
What does a NH Builders Risk Policy Cover?

What Is Builders Risk Insurance?

New Hampshire Builders risk insurance is a specialized type of property insurance that is intended to provide protection for buildings and structures that are under construction. These policies protect project owners, general contractors and subcontractors against direct physical loss or damage to covered property.

In many instances, builders risk policies also provide coverage for materials and supplies that are on-site, in transit and being stored temporarily at off-site locations if they are intended to become a permanent part of a building or structure. What’s more, builders risk policies can be written to include coverage for loss of income and additional expenses. This coverage would apply if the completion of a project is delayed due to property damage caused by a covered cause of loss.

Builders risk coverage is a temporary form of insurance. Coverage applies only during the course of construction, erection and fabrication. In most cases, builders risk coverage stays in force until a construction project is accepted by the project owner or once construction is considered complete. Once construction is completed, it is up to the owner of the building or structure to secure traditional property insurance.

Another thing to keep in mind is that there is no standard form of builders risk insurance. Policies can vary between insurance companies, and, in many instances, the coverage terms of a builders risk policy can be negotiated. In most cases, builders risk policies are written on an “all risk” basis. This means that coverage applies for all causes of loss except those specifically excluded by the policy.

Talk To Our Team And Get Builders Risk Insurance in Concord NH, with Ease. 

Builders risk insurance is necessary coverage for many businesses. Remember, we’re here to help you with all of your construction industry insurance needs. Protect your project, your wallet and your company by contacting Davis & Towle Insurance Group to discuss builders risk insurance in Concord NH today. (603) 225-6611

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