THE DETAILS THAT MATTER
Protect the project while it takes shape.
Define who purchases the policy and who has an insurable interest: owner, general contractor or developer.
Review the project value, existing structure, construction type, start date and expected completion date before work begins.
Discuss materials in transit, temporary storage, testing, occupancy and extensions when a project takes longer than planned.
Read the coverage boundaries.
Builder’s risk does not replace contractor liability or workers’ compensation. Flood, earthquake, faulty workmanship and existing structures require particular attention.
A common question
Some insurers may consider a project already underway, but eligibility depends on the stage of construction and underwriting. Discuss it promptly and do not assume earlier damage is covered.
Jesse Denno · CA insurance license #4503208 · Updated October 10, 2026