BUILDER'S RISK RENOVATION and REHABILITATION Form

Instructions and help about BUILDER'S RISK RENOVATION AND REHABILITATION

hey everybody i'm rob freeman and today we're answering the question what is builders risk insurance well builders risk insurance is a special type of property insurance it's also called course of construction insurance and what builders risk is designed to do is designed to protect construction projects while they're under construction and what builders risk does is it actually protects not only the real property associated with that project but also the building materials and even the soft costs that are associated with that project so you could have the the building itself if you're building an addition on it you could have the building materials that are supposed to build the addition for that project you could have the labor associated with that project you could even have the cost of financing that you have to pay to build that project and so builders risk really important for those reasons because it covers projects that are under construction and specifically it's really just t