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Builders Risk Insurance

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What is Builders Risk Insurance?

Builders Risk Insurance is a vital coverage solution for any construction project. It protects the insurable interest that midsized and large construction companies have in materials, fixtures and/or equipment during the construction or renovation of a building or structure. Contractors or owners should secure Builders Risk coverages whether the project is as complex as a high-rise, commercial structure or as routine as a home addition or renovation.

Why Zurich?

Zurich customizes Builders Risk Insurance to meet the needs of midsized and large construction customers, backed by 25 years’ experience as a leading construction industry insurer. Our team of construction underwriting, Risk Engineering and claims specialists knows the business from the ground up and will respond with tailored solutions for almost any construction need.

$1 billion
Limits or greater for qualified construction risks

Risk Engineering professionals in 40 countries

25 years
As a recognized industry leader in construction insurance


Zurich tailors Builders Risk coverages to the needs of a wide range of midsized and large construction customers. We have a broad appetite for different types of projects, with specialized expertise in general building, infrastructure, energy, healthcare, government projects, and many more.

Risk Engineering services for Builders Risk customers

Zurich’s Construction Property Risk Engineering consultants work with contractors, construction managers and property owners to help reduce accidents and assure more incident-free projects.

Program features

  • Master Builders Risk Program designed to cover a customer’s project portfolio on either a report or project-specific placement basis, which can include dedicated capacity, rates, terms and conditions at program inception
  • Project Builders Risk Program designed to cover a single construction project of $50 million or larger
  • Capacity of $500 million or more for certain risk types
  • Natural catastrophe limits in both non-critical and high-risk zones for up to $250 million and $50 million, respectively
  • Flexible deductibles along with customized coverage limits and sublimits based on customer risk appetite
  • Coverage provided for owner(s) or contractor(s)
  • Limits margin clause to protect against unexpected value changes due to change orders
  • Insurance protection of interests relating to hard costs of project, materials and labor, general conditions expense, construction management fees, contractor’s profit, and overhead and temporary structures

Commercial Builders Risk Insurance

Whether it is coverage for a building under construction, materials on site, materials in transit to the work location, or delay in completion, Builders Risk Insurance can provide coverage for both owners and general contractors. Our product offers broad coverage, including:

  • Property damage
  • Theft
  • Materials used in the course of construction
  • Delays in completion
  • Many other perils and exposures

Zurich is a leading provider of Builders Risk coverage for midsized to large construction projects ranging in size from $50 million and greater in total construction values.


Projects valued up to USD $75 million can be submitted by any broker.

Projects of $50 million and above are processed through a Zurich-assigned broker. See Program features and Additional coverage options below.

Additional coverage options

  • Delay in completion, including gross profits, rental income and soft costs
  • Contract penalties
  • Crane re-erection expense
  • Off-premises service interruption – direct damage
  • Reward payments
  • Spare construction materials
  • Prevention of access – ingress or egress
  • Flood, named storm and earthquake
  • Emergency property protection expense
  • Design professional fees
  • Debris removal, including removal of uncovered property blown onto project site and recycling of covered property
  • Coverage for aspects of green building construction
  • Existing buildings or structures
construction workers

Residential Builders Risk Insurance

Zurich offers exclusive Residential Builders Risk Insurance for new construction, remodeling and installation projects. Residential construction projects of $50 million and above will be assigned to our program administrator, US Assure, which can quote and issue a policy for your project online at

Policy options include the ability to insure one or more projects simultaneously, with continuous coverage when needed. Through US Assure, many Builders Risk coverages are automatically included with the option to increase limits and add coverage for other construction exposures during the policy term.

Start today at US Assure with no minimum commitment.


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