Builders Risk / Project Insurance

Builders Risk, also known as Project Insurance, provides temporary property coverage for buildings and structures while they are under construction or renovation.

This coverage protects the value of the project itself, including materials and work in progress, during the course of construction. It is often required by project owners, lenders, or contracts, and coverage responsibilities may vary depending on the agreement.

Waypoint Insurance Services, LLC assists clients in determining when Builders Risk is required, who should carry the coverage, and how it should be structured to align with project scope and contractual obligations.