Construction Insurance
Construction projects carry significant financial risk — weather delays, material theft, on-site injuries, and contract disputes. Our construction insurance programs protect every phase from groundbreaking to certificate of occupancy.
Coverages we place
- Builder's risk for structures during construction
- General liability for third-party injuries and property damage
- Workers' compensation for all on-site personnel
- Commercial auto and heavy equipment coverage
- Contractor's pollution liability
- Installation floater for materials and fixtures being installed
- Wrap-up/OCIP programs for large projects
- Performance and payment bonds
Who needs this coverage
Construction companies, commercial developers, residential builders, project managers, and any firm involved in new construction, renovations, or demolition work.
What drives your premium
- Project size and total contract value
- Type of construction (residential, commercial, industrial)
- Number of subcontractors and total payroll
- Safety programs and OSHA compliance history
- Geographic location and weather exposure
Common exclusions
- Faulty workmanship (varies by policy)
- Wear and tear or gradual deterioration
- Government-ordered demolition
- War, nuclear hazards
- Penalties and fines
Frequently asked questions
What is builder's risk insurance?
Builder's risk covers buildings under construction against fire, theft, vandalism, and weather damage. It protects the structure, materials, and fixtures until the project is complete.
Do I need an OCIP or wrap-up program?
For large projects ($10M+), Owner-Controlled Insurance Programs (OCIPs) can centralize coverage and reduce costs. We help evaluate whether a wrap-up makes sense for your project.
How do I insure subcontractors?
You can require each sub to carry their own insurance (most common) or include them under a wrap-up program. We help structure your requirements and verify compliance.
Related coverage
Get a free quote or call (321) 206-8035.