As one of the top builder’s risk insurance companies, InSource Insurance works with you to choose the right policy.
Property insurance covers many unique facets of the gas and oil industry, including builder’s risk insurance. As your business grows and develops, it’s vital to establish the coverage you may need during construction. Builder’s risk insurance can be purchased by the builder, general contractor, or the property owner.
InSource has relationships with insurance companies of all sizes. This allows us to get you the best coverage for the best price. Since builder’s risk insurance pays for damages up to the coverage limit, your construction budget determines the amount of insurance you need and for how long. This covers any form of construction, including renovation projects, repairs, new construction projects, and more.
Builder’s risk coverage encompasses damage to any structure that is being built. This type of insurance doesn’t just provide coverage for the unfinished structure; it also includes coverage for many other pieces of the building process:
- Materials on site
- Materials being transported
- Stolen or broken equipment
- Costs due to ordinance changes
Builder’s insurance ensures your construction project continues without issue and is an essential form of business insurance that all construction companies should have in place.
Due to the unpredictable nature of weather and other outside forces, this insurance is essential for any business that is building or expanding in Texas. Natural disasters can take many companies by surprise, and if you aren’t prepared, one of these risks could threaten your project:
Builder’s risk insurance can be tailored to meet your needs and stay within your budget. Working with InSource can help you move forward with your project as you help your business grow. After construction is completed, we help you choose the right property insurance for your new building. Give one of our agents a call to see how we can personalize your own builder’s risk insurance quote for your unique building project. We provide builder’s risk insurance for Texas businesses and beyond to ensure your next project is financially and physically secure.
InSource Insurance Group also provides commercial insurance, different types of property insurance, personal liability coverage, and more. We keep your workforce safe and secure while ensuring your financial protection from accidents or disasters. Keep your business safe and your workers safer with the skilled services of InSource.
Land value is not included in coverage, but extra excavation or landscaping can be added to the amount of coverage needed. If you need more information, give us a call.
Protect your business with the right insurance through InSource Insurance Group.