Protect Your Construction Project with Builders Risk Insurance

Construction projects come with many risks, including natural disasters, accidents, theft, and vandalism. To protect your investment and have peace of mind, you need comprehensive insurance. At Term Brokers Insurance, we understand this and offer builder’s risk insurance that covers everything from materials and equipment to the completed structure. With our coverage, you can focus on your project knowing you’re protected.

Builder Risk Coverage Options

Property Coverage

Our property coverage options protect your construction project from damage or loss caused by covered events like fire, theft, vandalism, and weather-related incidents. We can also offer coverage for damage to materials, equipment, and supplies.

General Liability Coverage

General liability coverage is essential for builders’ risk insurance. It helps protect your construction project from third-party bodily injury or property damage claims. Our team can help you design a liability policy that fits your project’s needs.

Equipment Coverage

Equipment coverage protects your construction equipment from damage or loss. Whether you have heavy machinery or specialized equipment, we can help you choose suitable coverage options to safeguard your investment.

Delayed Start Coverage

Construction projects can be delayed for many reasons, such as weather, permits, or materials delivery. Delayed start coverage protects additional expenses incurred due to unexpected delays in starting the project. Our team can help you determine the appropriate coverage limits for your project.

Soft Costs Coverage

Soft cost coverage is essential for builders’ risk insurance. It provides coverage for expenses that are not directly related to the construction process, such as architectural fees, legal fees, and permits. Our team can help you design a policy that covers all necessary soft costs associated with your construction project.

General Requirements For Builders Risk Insurance

You must provide detailed information about your construction project, such as the location, scope of work, estimated project completion date, and estimated total cost.

You must select the appropriate coverage limits for your policy based on the project’s total value. This coverage limit should be sufficient to cover the cost of repairing or replacing the building or structure in case of a covered loss.

You will need to provide a detailed construction plan that outlines the scope of work, materials used, and timelines for each phase of the project.

You must demonstrate that you have taken adequate safety measures to mitigate risks on the construction site. This includes having proper safety equipment and protocols to prevent accidents and injuries.

You may be required to provide information about your experience as a builder or contractor, including your past projects and qualifications.

Why Choose Term Brokers Insurance?


Our team has years of experience in the insurance industry and specializes in commercial auto coverage. We have the knowledge and skills to assist you. Find the right policy that meets your specific needs.

Comprehensive Coverage

We understand that every business is unique, which is why we offer a wide range of coverage options to protect your vehicles, drivers, and business. From liability and collision coverage to uninsured motorist protection, we have you covered.

Competitive Rates

We work with multiple insurance carriers to find you the most competitive rates possible. We’ll look around on your behalf to find you the best coverage at a price that fits your budget.

Exceptional Customer Service

At Term Brokers Insurance Services, we pride ourselves on providing exceptional customer service. We are determined to being there for you every step of the way, from helping you choose the right policy to answer any questions you may have.

Local Presence

We are a local insurance agency with offices in the community. We understand the unique risks and challenges that businesses in our area face, and we are here to help you navigate them.

Frequently Asked Questions

Builder's Risks insurance is a type of property insurance that covers damage or loss to a building or structure while it is under construction or renovation. It covers the cost of repairing or replacing the building or structure if it is damaged or destroyed by a covered event.

Builder's risk insurance is typically needed by contractors, builders, developers, or property owners responsible for a building or structure under construction or renovation. It is essential to have Builders risk insurance in place to protect your investment and avoid potential financial losses.

The cost of builders' risk insurance varies depending on various factors, such as the size and value of the building or structure, the type of construction, the location of the project, and more. Working with an experienced insurance broker is essential to determine the appropriate coverage and cost for your specific project.

Builder's risk insurance coverage typically lasts for the construction or renovation project. However, some policies may offer extensions or additional coverage options for extended periods.

Contact Us Today!

We understand that each project is unique and requires a customized insurance solution to ensure adequate protection. Our experienced team is dedicated to providing excellent customer service and helping you find the right coverage to fit your needs.

If you have questions about our services or would like to request a quote, we invite you to contact us today. You can visit our office at 348 Miracle Strip Pkwy SW Ste 30-A Fort Walton Beach, FL 32548, or call us at 850-864-2000. We are committed to providing timely and accurate responses to all inquiries and will do our best to ensure your Term Brokers Insurance experience is positive.

Thank you for considering us for your builder’s risk insurance needs. We look forward to the opportunity to work with you.

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