Whether you're building a dream home, renovating a commercial property , or embarking on a large-scale construction project, protecting your investment during the building phase is critical. Builder’s risk insurance offers specialized coverage for construction projects, ensuring financial security in the face of unexpected events.

At Riseson Insurance , we help clients across Tempe , Phoenix , Scottsdale , Tucson , Gilbert , and Chandler secure the right builder’s risk insurance to protect their projects and their peace of mind.

Builder’s risk insurance, also known as course of construction insurance, is a policy that covers property and materials during the construction or renovation of a building. It provides coverage for damages or losses caused by events such as fire , theft , vandalism , and weather-related incidents.

Property and Materials: Protects the structure being built or renovated, as well as construction materials and equipment on-site, in transit, or stored elsewhere. Soft Costs: Covers additional expenses such as architectural fees, legal costs, and loan interest incurred due to delays caused by covered losses. Temporary Structures: Includes coverage for scaffolding, fencing, and other temporary structures needed for construction. Debris Removal: Pays for the cost of cleaning up debris after a covered loss. Equipment and Tools : Protects equipment and tools used on-site from theft or damage.

Construction projects are inherently risky, with potential for delays, damages, or losses. Builder’s risk insurance:

Safeguards your financial investment in the project. Ensures compliance with contract requirements, as many lenders and stakeholders require this coverage. Provides peace of mind, knowing you’re protected from unforeseen events.

While comprehensive, builder’s risk insurance does not cover every risk. Typical exclusions include:

Employee theft or dishonesty. Wear and tear. War and terrorism. Mechanical breakdowns.

Discuss these exclusions with Riseson Insurance to determine if additional policies or endorsements are needed.

This policy is essential for anyone involved in construction projects, including:

Property owners. Contractors and builders. Real estate developers. Lenders with financial interests in the project.

Arizona’s diverse climate and construction demands make builder’s risk insurance vital for protecting projects across cities like Tempe, Phoenix, Scottsdale, Tucson, Gilbert, and Chandler. Whether you’re building in an urban area or developing in the desert, the right coverage ensures you’re prepared for potential risks.

Don’t let unexpected events derail your construction project. With builder’s risk insurance, you can safeguard your investment and stay on track.

Contact Riseson Insurance at 602-460-5470 to discuss your builder’s risk insurance needs. Proudly serving Tempe, Phoenix, Scottsdale, Tucson, Gilbert, and Chandler, we’re here to help you protect your projects and achieve your goals. Let’s build a safer future together!

What is Builder’s Risk Insurance?

What Does Builder’s Risk Insurance Cover?

Why Do You Need Builder’s Risk Insurance?

Common Exclusions in Builder’s Risk Insurance

Who Needs Builder’s Risk Insurance?

Builder’s Risk Insurance in Arizona

Protect Your Construction Project Today

1. Property and Materials: Protects the structure being built or renovated, as well as construction materials and equipment on-site, in transit, or stored elsewhere.
2. Soft Costs: Covers additional expenses such as architectural fees, legal costs, and loan interest incurred due to delays caused by covered losses.
3. Temporary Structures: Includes coverage for scaffolding, fencing, and other temporary structures needed for construction.
4. Debris Removal: Pays for the cost of cleaning up debris after a covered loss.
5. Equipment and Tools : Protects equipment and tools used on-site from theft or damage.

• Safeguards your financial investment in the project.
• Ensures compliance with contract requirements, as many lenders and stakeholders require this coverage.
• Provides peace of mind, knowing you’re protected from unforeseen events.

• Employee theft or dishonesty.
• Wear and tear.
• War and terrorism.
• Mechanical breakdowns.

• Property owners.
• Contractors and builders.
• Real estate developers.
• Lenders with financial interests in the project.