Builder's Risk Insurance
Builder’s risk insurance protects a building while it’s being built or renovated. It covers the structure, materials on site and materials in transit against fire, theft, vandalism and wind. Lenders almost always require it. Pacific Southwest Insurance Services writes builder’s risk for property owners, developers and contractors on residential and commercial projects.
Get a free quote today. Call (818) 701-1033 or email info@pswinsurance.com. Office hours are Monday to Friday, 9:30 AM to 5:00 PM.
Who We Insure
Our builder’s risk clients include:
- Property owners building or remodeling
- Real estate developers
- General contractors
- Ground-up commercial construction
- Tenant improvements
- Spec homes and ADUs
Coverage Options
- Structure under construction: Covers the building as it goes up, up to the completed value.
- Materials on site: Covers lumber, fixtures, appliances and supplies waiting to be installed.
- Materials in transit and in storage: Covers materials on the way to or stored away from the job site.
- Theft and vandalism: Covers stolen materials and damage by vandals, a common construction loss.
- Soft costs: Optional coverage for extra interest, permits and fees after a delay.
- Temporary structures: Covers scaffolding, forms and fencing.
What Affects Your Premium
Every property is different. Carriers typically look at:
- Completed value of the project
- Construction type (wood frame costs more)
- Project length
- Site security
- Location and wildfire exposure
- Contractor experience
- Renovation vs. new construction
As an independent agency, we compare options from multiple insurance companies to find the right coverage at a competitive price.
Why Choose Pacific Southwest Insurance Services
- Family-owned and serving California since 1965, now writing coverage nationwide
- Access to multiple commercial property carriers, including markets for hard-to-place risks
- Fast certificates of insurance and lender evidence of property
- One agency for your property, general liability, commercial auto, bonds and more
- A real person answers the phone and knows your account
Frequently Asked Questions
Who should buy builder’s risk, the owner or contractor?
It depends on your contract. Either can purchase it. We’ll review the contract so the right parties are covered.
Does builder’s risk cover injuries on the job?
No. Injuries are covered by general liability and workers’ compensation. We can help with those too.
What happens when the project is finished?
The builder’s risk policy ends and a permanent property policy starts. We’ll set up the transition so there’s no gap.
Other Properties We Insure
- Office Building Insurance
- Retail Store & Strip Center Insurance
- Apartment Building Insurance
- Warehouse & Distribution Center Insurance
- Industrial & Manufacturing Building Insurance
- Mixed-Use Building Insurance
- Medical & Dental Office Insurance
- Self-Storage Facility Insurance
- Vacant Building Insurance
- Restaurant & Bar Property Insurance
- Contractor Shop & Yard Insurance
- Auto Repair & Body Shop Insurance
- Hotel & Motel Insurance
- Church & House of Worship Insurance
- Gas Station & Convenience Store Insurance
- Salon, Barbershop & Spa Insurance
- Gym & Fitness Studio Property Insurance
- Daycare & School Insurance
- Dry Cleaner & Laundromat Insurance
- Landlord & Rental Property Insurance
- Business Tenant Insurance
- HOA & Condo Association Insurance
- Commercial Real Estate Investor Insurance
- Commercial Earthquake Insurance
- Business Interruption Insurance
- Equipment Breakdown Insurance
- Commercial Flood Insurance
- Inland Marine & Contractor’s Equipment Insurance
Don’t see your property type? We insure most commercial properties. See all commercial property coverage.
Get a Builder’s Risk Insurance Quote
Tell us about your property and we’ll shop the market for you. Call (818) 701-1033, email info@pswinsurance.com, or visit our office at 9036 Reseda Blvd., Suite 105, Northridge, CA.