Builders Risk Insurance plays a very important role to companies that are responsible for protecting a building while being constructed or renovated. Similar in coverage scope to a standard property insurance policy, builders risk insurance goes into effect once construction begins and ends when the project is completed. Among the various issues associated with Builders Risk Insurance, managing the time line and having standard property coverage ready to be bound when the builders risk coverage ceases is paramount.
Thomas Gregory Associates has negotiated thousands of builders risk policies, and has developed a strategy to obtain the most competitive premiums as a result.