Builders Risk Insurance Florida

Florida’s construction environment presents unique challenges—from hurricanes and heavy rainfall to strict building codes and fast-paced development. Whether you’re constructing a new home, remodeling a commercial property, or completing a large-scale development, Builders Risk Insurance in Florida is an essential form of protection that helps safeguard your investment during the construction phase.

What Is Builders Risk Insurance?

Builders Risk Insurance, also known as course of construction insurance, is a specialized property policy designed to cover buildings and structures while they are under construction or renovation. This coverage protects against financial loss caused by damage to the project before it is completed and occupied.

Builders Risk policies can be written for residential, commercial, and mixed-use construction projects and are typically purchased by property owners, general contractors, or developers.

What Does Builders Risk Insurance Cover?

A Florida Builders Risk policy generally provides coverage for:

• Buildings and structures under construction

• Construction materials, supplies, and fixtures

• Materials stored on-site or in transit (depending on the policy)

• Temporary structures such as scaffolding and fencing

Covered causes of loss often include:

• Fire and smoke damage

• Wind, hail, and lightning

• Theft and vandalism

• Certain water damage events

Because Florida is prone to severe weather, coverage options can be tailored to address region-specific risks.

Why Builders Risk Insurance Is Important in Florida

Construction projects in Florida face heightened exposure due to hurricanes, tropical storms, flooding concerns, and intense weather conditions. Even a short delay caused by storm damage or theft can lead to significant financial loss. Builders Risk Insurance helps minimize out-of-pocket expenses and keeps projects moving forward after unexpected events.

Many lenders and project owners also require Builders Risk coverage before construction begins.

Who Needs Builders Risk Insurance?

Builders Risk Insurance in Florida is ideal for:

• Residential and commercial property owners

• General contractors and builders

• Real estate developers and investors

• Homeowners building custom homes

• Property owners completing major renovations or additions

Policies can be structured so that one party or multiple stakeholders are named as insureds.

What Is Not Covered?

While Builders Risk Insurance offers broad protection, exclusions typically include:

• Employee injuries (covered under workers’ compensation)

• Contractor tools and equipment (covered under inland marine insurance)

• Normal wear and tear or faulty workmanship

• Flood damage (may require separate flood coverage)

• Earthquake damage unless endorsed

An experienced Florida insurance agent can help identify coverage gaps and recommend additional policies if needed.

Get Builders Risk Insurance in Florida

Protecting your construction project from day one is critical. Our agency specializes in Builders Risk Insurance in Florida, helping builders, contractors, and property owners secure coverage tailored to their specific project and location.

Contact us today to discuss your construction plans and receive a competitive Builders Risk Insurance QUOTE designed to protect your investment from start to finish.