Buildings under construction or renovation are exposed to various risk hazards. Risk managers should consider all risk exposures including, but not limited to, vandalism, fire, theft, wind, lightning, hail, building collapse and water damage.
Whether it is coverage for the building under construction, materials on site, materials in transit to the work location, or delay in completion, builders risk insurance can provide insurance protection for both owners and general contractors.
Zurich is a leading provider of builders risk coverage for mid- to large-size construction projects ranging in size from $50 million and greater in total construction values. Since buildings are exposed to many different risks while under construction, it is important that the coverage provided during the course of construction addresses the needs of the specific project(s).
Zurich has been an industry leader in the construction insurance segment for over 20 years.
Zurich’s knowledgeable Risk Engineering team is specifically dedicated to servicing builders risk clients.