Builders Risk
Insurance designed to cover damage to property under construction, materials used in the course of construction and delay in completion
Related industry and insurance
Builders Risk solutions for every project
Zurich supports a wide range of construction clients—general building, infrastructure, energy, healthcare and government. Our solutions include:
- Commercial & residential Builders Risk Insurance
- Coverage for new construction, renovations or installations
- Master Builders Risk programs for project portfolios (reporting or project-specific placement)
- Project Builders Risk programs for single projects of $50 million or larger
- Delay in completion coverage including loss of gross earnings, loss of rental income and soft costs
- Natural catastrophe coverage within high hazard zones
- Flexible deductibles and customized sublimits
- Coverage for both owners and contractors
- Margin clauses to help protect against value changes from change orders
- Protection for hard costs, materials, labor, management fees, contractor profit, overhead and temporary structures
Insurance solutions for Builders Risk
Large-scale construction projects are significant investments that demand robust risk management. Zurich’s Builders Risk Insurance is specifically designed to help protect your financial interests—covering materials, fixtures and equipment—throughout the construction, renovation or installation of buildings and structures. Whether you’re overseeing a complex high-rise, major renovation, or a multi-year infrastructure build, Zurich offers tailored solutions for midsized and large construction companies, owners and contractors.
Zurich’s Fronted Master Builders Risk (MBR) or Fronted Project Builders Risk (PBR) solution is purpose-built for today’s largest, most complex and multi-year construction projects—including those driven by e-commerce, AI and advanced manufacturing.
Zurich Insurance offers Builders Risk coverage for construction projects utilizing mass timber. Zurich North America is a market leader in mass timber insurance and differentiates mass timber from light-frame wood in its underwriting, recognizing mass timber's strength, versatility and durability.
For residential projects, Zurich—through program administrator US Assure—offers flexible policies for new construction, remodeling and installation. Insure one or more projects simultaneously, with continuous coverage and the ability to customize limits and coverages. Start today at usassure.com.
Ready to help protect your next project
Contact Zurich or connect with your broker to get started on a brighter, more secure construction future.
Risk Engineering
Through Zurich Resilience Solutions (ZRS), we provide specialized insights and tools to support our customers with solutions addressing traditional and evolving risks – above and beyond insurance.
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Zurich Claims specialists are strategically deployed in the U.S. and around the globe to help customers mitigate and respond to loss events, and to gain insights into becoming more resilient against future losses.
Learn moreFAQs
Builders Risk Insurance helps provide financial protection for a construction project against physical damage or loss from covered perils during construction. Its purpose is to safeguard the investment in the building, materials and equipment, helping ensure project continuity despite unforeseen events.
Builders Risk Insurance is typically secured by property owners, general contractors or developers, as determined by the construction contract. Lenders often require it as a loan condition.
It covers the building under construction, materials, fixtures, equipment, temporary structures, and soft costs. Common perils include fire, lightning, windstorm, hail, explosion, collapse, vandalism, and theft. Policies can be endorsed to cover additional risks.
Standard exclusions include faulty workmanship, design errors, mechanical breakdown, wear and tear, war, government action, worker injuries, third-party liability and often earthquake or flood unless endorsed
Cost varies by project value, type, location, duration, coverage limits, deductibles and included perils. Larger, longer, or riskier projects generally carry higher premiums.
Yes, “COC” (Course of Construction) is another term Builders Risk Insurance—both help protect property under construction.
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