Builder’s Risk Insurance in Texas — Safeguard Your Construction Project
Don’t Let Disaster Stall Your Build — Protect Every Step of Construction
Builder’s Risk Insurance (or Course of Construction insurance) shields your building project from fire, theft, storms, vandalism, and more — covering the structure, materials, and equipment on-site while you build or renovate. Standard property insurance won’t cover buildings under construction, so a specialized builder’s risk policy is essential for owners and contractors in Texas.
What Does Builder’s Risk Insurance Include?
The Structure Under Construction
Covers the new build or renovation until the project is finished.
Materials & Supplies
Protection for materials stored on-site, in transit, or sometimes at temporary locations (if endorsed).
Fixtures & Equipment
Covers property to be installed as part of the job (cabinets, HVAC units, etc.).
Covered Perils
Fire, lightning, wind, hail, theft, vandalism, and more (subject to policy specifics).
Not Covered:
Contractor’s tools and equipment (inland marine insurance covers those), injuries to workers (that’s workers’ comp), or ongoing maintenance after completion.
Owners and Contractors — Protect Every Dollar Invested
Contractors
Safeguard your reputation and avoid costly delays. Builder’s risk is often required by project owners and lenders, and it keeps your work, materials, and schedule protected.
Property Owners/Developers
Essential for anyone building a new home, renovating a commercial space, or adding onto an existing structure.
Start Coverage Before Groundbreaking
Builder’s risk should be in place before work begins. It’s temporary — ending at project completion or when the building is occupied, then converting to permanent property insurance.
How Long Does Coverage Last? When Does It End?
Coverage runs from the start of construction through completion, inspection, or occupancy. Once the project is finished, coverage ends — and you’ll need to convert to a permanent property policy. Willingham Insurance helps ensure all parties (owner, contractor, lender) are properly named for claims and compliance.
Cost, Value & Lender Requirements
Is Builder’s Risk Expensive? Why Is It Worth It?
Premiums are typically a small percentage of the total project value — affordable compared to the risk of paying out of pocket for disaster losses. Lenders often require proof of builder’s risk insurance before releasing construction funds. Willingham Agency delivers fast quotes and certificates, so your project stays on schedule.
Your Builder’s Risk Insurance Questions, Answered
What does builder’s risk insurance cover?
The structure under construction, materials, supplies, and fixtures from perils like fire, theft, vandalism, wind, and more.
Do I need builder’s risk for a home renovation?
Yes — especially for major remodels or vacant/partially uninhabited homes during construction.
Builder’s risk vs general liability — what’s the difference?
Builder’s risk protects property (the building, materials), while general liability covers injuries or damage you cause to others.
How much does builder’s risk cost for a $500k project?
Pricing varies by project size, location, and coverage details — but it’s usually a small percentage of the construction budget. We provide quick quotes for your specific needs.
Before the Next Nail — Get a Builder’s Risk Insurance Quote
Protect your project, keep your timeline on track, and build with total confidence. Contact Willingham Insurance Agency for fast coverage and expert guidance.