Whether you're a homeowner or a business owner , your building is likely one of your most significant assets. Building coverage is essential to ensure that your property is protected from a range of potential risks, including fire , storm damage, theft , and vandalism. At Riseson Insurance , we offer comprehensive building coverage solutions to help clients in Tempe , Phoenix , Scottsdale , Tucson , Gilbert , and Chandler safeguard their properties.

Building coverage is a type of insurance that helps protect the physical structure of your property. This includes the main building, walls, roof, floors, and in some cases, any permanent fixtures or systems such as plumbing, electrical, and HVAC. Depending on your policy, coverage may extend to both residential and commercial properties.

Protection from Natural Disasters : From hurricanes to hailstorms, unexpected weather events can cause significant damage. Building coverage helps cover repairs or replacements. Financial Security : The cost to rebuild a property can be substantial. Without proper coverage, you risk bearing these costs on your own. Liability Protection : If your property becomes unsafe or hazardous to others, building coverage may help cover legal costs or liability claims. Peace of Mind : Knowing that your property is insured against unforeseen events can bring peace of mind, especially for high-value properties or those located in disaster-prone areas.

Building coverage typically covers damage to the structure itself, but policies may vary. Common inclusions are:

Damage to the Structure: Repairs or replacement costs for damage caused by fire, theft, vandalism, weather, or accidents. Permanent Fixtures and Systems: Coverage for built-in features like cabinets, flooring, heating, and air conditioning units. External Structures: Coverage for detached structures such as garages, sheds, fences, and retaining walls. Landscaping: Some policies offer limited protection for outdoor landscaping or gardens. Debris Removal: After a disaster, your policy may cover the cost of removing debris from the property.

While building coverage is comprehensive, it has its exclusions, including:

Flooding and Earthquakes : These events typically require separate coverage, such as flood or earthquake insurance. Wear and Tear: General aging or damage due to neglect is usually not covered. Theft of Personal Belongings: Personal property is usually covered under renters or home insurance , not building coverage. Pest Infestation: Damage caused by pests like termites or rodents is typically excluded.

Replacement Cost Coverage : Pays the full cost of repairing or replacing damaged property without factoring in depreciation. Actual Cash Value Coverage : Pays the current value of the property, taking depreciation into account. Extended Coverage: Often added to a standard policy, extended coverage may include specific risks like earthquakes, floods, or vandalism.

Determining the right amount of building coverage depends on factors such as the size, location, and age of your property. Here are some steps to calculate the appropriate coverage:

Assess Property Value: Have a professional appraisal to determine the total replacement cost of your building. Consider Construction Materials: The materials used in construction (wood, brick, etc.) can affect repair or rebuild costs. Account for Local Risks: Consider factors such as the likelihood of natural disasters, crime rates, or regional hazards.

Your property is a valuable asset—make sure it’s protected from the unexpected. With Riseson Insurance , you’ll get reliable building coverage that fits your needs and budget.

Contact Riseson Insurance at 602-460-5470 to learn more about building coverage and find the best policy for your property. We proudly serve clients in Tempe, Phoenix, Scottsdale, Tucson, Gilbert, and Chandler, and are here to help you secure your investment. Let’s get your property covered today!

What is Building Coverage?

Why is Building Coverage Important?

What Does Building Coverage Typically Include?

What is Not Covered by Building Insurance?

Types of Building Coverage

How Much Building Coverage Do You Need?

Protect Your Property with Building Coverage

1. Protection from Natural Disasters : From hurricanes to hailstorms, unexpected weather events can cause significant damage. Building coverage helps cover repairs or replacements.
2. Financial Security : The cost to rebuild a property can be substantial. Without proper coverage, you risk bearing these costs on your own.
3. Liability Protection : If your property becomes unsafe or hazardous to others, building coverage may help cover legal costs or liability claims.
4. Peace of Mind : Knowing that your property is insured against unforeseen events can bring peace of mind, especially for high-value properties or those located in disaster-prone areas.

1. Damage to the Structure: Repairs or replacement costs for damage caused by fire, theft, vandalism, weather, or accidents.
2. Permanent Fixtures and Systems: Coverage for built-in features like cabinets, flooring, heating, and air conditioning units.
3. External Structures: Coverage for detached structures such as garages, sheds, fences, and retaining walls.
4. Landscaping: Some policies offer limited protection for outdoor landscaping or gardens.
5. Debris Removal: After a disaster, your policy may cover the cost of removing debris from the property.

1. Flooding and Earthquakes : These events typically require separate coverage, such as flood or earthquake insurance.
2. Wear and Tear: General aging or damage due to neglect is usually not covered.
3. Theft of Personal Belongings: Personal property is usually covered under renters or home insurance , not building coverage.
4. Pest Infestation: Damage caused by pests like termites or rodents is typically excluded.

1. Replacement Cost Coverage : Pays the full cost of repairing or replacing damaged property without factoring in depreciation.
2. Actual Cash Value Coverage : Pays the current value of the property, taking depreciation into account.
3. Extended Coverage: Often added to a standard policy, extended coverage may include specific risks like earthquakes, floods, or vandalism.

1. Assess Property Value: Have a professional appraisal to determine the total replacement cost of your building.
2. Consider Construction Materials: The materials used in construction (wood, brick, etc.) can affect repair or rebuild costs.
3. Account for Local Risks: Consider factors such as the likelihood of natural disasters, crime rates, or regional hazards.