Builders Risk Insurance
for Contractors

Protect Your Project During Construction

Get coverage that safeguards your structure, materials, and budget from fire, theft, weather, and more. Fast quotes. Nationwide coverage.

Same-day coverage available. Up to 25% savings when you bundle builder’s risk with liability insurance.

Why Do Contractors Need Builders Risk Insurance?

Construction projects come with serious risks—from fire and theft to severe weather. Builder’s risk insurance covers property damage during the course of construction, helping you avoid costly delays or financial loss. Think of it like a temporary property policy that protects your site, structure, and materials until the job is done.

At Affordable Contractors Insurance, we understand the specific risks builders face and offer policies designed to keep your project secure from start to finish.

What Does a Builder’s Risk Policy Cover?

Builders’ risk insurance is essential for contractors because it protects your project from unexpected losses and damages. Here’s what it covers:

Property Damage: Covers damage to the structure under construction caused by fire, lightning, wind, hail, and other covered events.
Theft and Vandalism: Protects against the theft of building materials, tools, and equipment from the job site, as well as damage caused by vandalism.
Weather-Related Delays: Provides coverage for additional expenses due to severe weather that damages the project and causes delays.
Materials and Equipment: Insures materials, equipment, and fixtures on-site, in transit, or temporarily stored elsewhere.

Why Do Contractors Need a Builder’s Risk Policy?

Without builder’s risk insurance, a single incident—such as theft, fire, or weather damage—can lead to costly setbacks, delays, and lost investments. Many clients and lenders require proof of coverage, and working without it puts your project and finances at serious risk.

Essential for Protecting Projects Under Construction
Meets Client and Lender Coverage Requirements
Covers Unexpected Damages and Delays

Calculating the Cost of Builder’s Risk Insurance

Several factors affect your builder’s risk insurance premium, including:

Project Type and Size: Larger or more complex projects typically have higher premiums.
Location: Costs vary depending on the location and regional risks, like exposure to severe weather.
Coverage Duration: Extended projects often require higher premiums or policy extensions.

Benefits of Builder’s Risk Coverage Through ACI

When you insure with Affordable Contractors Insurance, you get more than just a policy—you gain a proven partner who understands the demands and risks of construction projects.

Same-Day Policy Binding – Get immediate coverage to protect your project from day one.
Competitive Rates – Save up to 25% with affordable, customized policies for contractors.
Flexible Policy Terms – Choose coverage terms that fit your project timeline.
Dedicated Support – Our team assists with claims, renewals, and policy adjustments.

Who Qualifies for Builders Risk Insurance?

Builder’s risk insurance is for anyone with a financial stake in a project under construction or renovation. If you stand to lose money due to damage, you likely need coverage.

Builders risk policies are available to:

General Contractors

Construction Companies

Project Owners

Subcontractors

Lenders and Investors

Real Estate Developers

As long as the structure is under construction or renovation and you have something to lose if there’s a loss, you’re eligible for coverage.

Builders Risk Insurance:
What to Know

How Much Does Builder's Risk Insurance Cost?

The cost of builder’s risk insurance typically ranges from 0.5% to 4.5% of your total construction budget. Premiums depend on your project’s type, location, materials, and coverage limits.

How Long Should My Policy Last?

Builders risk insurance offers flexible terms—choose 3, 6, or 12 months to fit your project schedule. You can easily extend coverage if your timeline changes, or cancel once construction is finished so you never overpay.

Policy Limits and Claims

Your policy includes an overall coverage limit and often a per-incident cap. You can file multiple claims up to your policy’s total limit. For example, a $1 million policy with a $50,000 per-incident cap allows up to 20 covered incidents, as long as you haven’t reached the total limit.

Meeting Legal and Lender Requirements

Many cities, states, and lenders require builder’s risk insurance before work can begin. Our experts understand regional regulations and can help you meet every requirement with the right coverage.

Why Choose Affordable Contractors Insurance?

Our team makes insurance easy to understand—and even easier to buy. We’ll walk you through every step and make sure you never pay for coverage you don’t need.

Get Your Builder's Risk Coverage Today

Don’t leave your project exposed to unexpected risks like theft, fire, or weather damage. Start with a builder’s risk insurance quote today and get the coverage you need to keep your project on schedule.

Request a Quote in Minutes

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WhaT Our Clients Say

      
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       Justin D 
 
 
 Trustindex verifies that the original source of the review is Google. Very responsive and quick with anything needed. Great company!
  
 
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 Trustindex verifies that the original source of the review is Google. I have worked with ACI for several years, and they have consistently provided outstanding service. They are, without a doubt, one of the best insurance brokerages for all your insurance needs. Their team is knowledgeable, dependable, and easy to communicate with. What I appreciate most is that they take the time to educate you throughout the process, ensuring everything is clearly explained with no surprises or gray areas.
I would especially like to recognize Christina Bommarito for her exceptional service. She is professional, personable, respectful, and genuinely committed to her clients. You can trust that she'll be there when you need her, and she always goes above and beyond to provide the support and guidance you deserve. I highly recommend ACI to anyone looking for a trustworthy insurance brokerage.
  
 
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 Trustindex verifies that the original source of the review is Google. Shawn did a phenomenal job helping me with the business insurance for Lone Ranger Roofing. He took the time to shop multiple options and made sure we had the right coverage at a competitive price.

What really stood out was his level of customer service. He even helped me get a roof claim removed from our claims history after determining it was a false claim, which was a huge help.

Shawn was responsive, knowledgeable, and went well beyond what I would normally expect from an insurance broker. If you're a business owner looking for someone who will actually take the time to advocate for you and find the right coverage, I highly recommend Shawn.
  
 
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 Trustindex verifies that the original source of the review is Google. Awesome experience. Easy to talk to regarding boring business stuff. Really went to bat for our small business. Highly recommend especially to small businesses owners. Will be passing his contact information around to any business owner that wants to save money but will receive a quality service and product
  
 
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 Trustindex verifies that the original source of the review is Google. Great guy very understanding and helps you in every way
  
 
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 Trustindex verifies that the original source of the review is Google. I ask for a COI and before I can even think about it they have a copy of it sent to me. I love this place.
  
 
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 Trustindex verifies that the original source of the review is Google. El señor Bobby brinda un  excelente servicio 100 % recomendado
  
 
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 Trustindex verifies that the original source of the review is Google. Jillian really helped me throughout the process.  Great service and timely responses
  
 
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 Trustindex verifies that the original source of the review is Google. Jillian was very helpful and friendly. Provided the prime example of excellent customer service.
  
 
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 Trustindex verifies that the original source of the review is Google. Behalf of Sarmiento Concrete, LLC
Kim Haley with Affordable Contractor Insurance has been absolutely amazing to work with! She is always professional, helpful, and incredibly quick to respond whenever I need assistance, especially with Certificate of Insurance (COI) requests. I truly appreciate how dependable and efficient she is—it makes handling our business insurance needs so much easier. **Excellent customer service, and I highly recommend Kim!**

Builders Risk Insurance by State

Get Affordable Coverage Near You

We offer builders risk insurance in all 50 states, providing tailored protection for projects nationwide. No matter where your construction site is located, our team can help you find the right coverage to keep your project secure—every step of the way. Contact us for a local quote.