I know you’re thinking, what is builders risk?
When you do a major home renovation or hire a contractor to build a home, you need a builders risk or course of construction policy to insure your home.
The standard homeowners policy doesn’t cover the enhanced risk of renovation. Don’t take a chance on losing everything, buy the proper insurance coverage.
I have heard horror stories from people who thought their contractors were insuring the home construction. The contractor just had a Business General Liability Policy covering General Liability or Products and Completed Operations liability. This isn’t the same as insuring the home. If you took out a construction loan, take charge, and purchase the insurance yourself.
I can help you with this important coverage.
