Whether you're breaking ground on a new building or finishing the third floor of a gut renovation, builder's risk insurance protects the project while it's in progress. One wrong storm, fire, or theft can wipe out months of work. We make sure it doesn't wipe you out financially.
Builder's risk is a temporary policy tied to your project timeline. Here's what a well-structured policy actually covers.
The most common cause of catastrophic loss during construction. Covers the structure, materials on-site, and materials in transit to the project.
Kansas City weather is unpredictable. A mid-project hailstorm or straight-line wind event can set a job back weeks. Builder's risk covers the damage so your client doesn't have to.
Copper, lumber, appliances, and equipment are prime theft targets on active job sites. Coverage extends to materials stored on-site and temporary structures.
Materials moving from the supplier to the job site are exposed. Transit coverage closes the gap between your vendor's policy ending and yours beginning.
When a covered loss delays the project, soft costs coverage reimburses things like additional architect fees, permit reapplication, financing costs, and carrying expenses during the delay.
Staging, scaffolding, fencing, and construction trailers can be included in the policy. These are often overlooked and left uncovered without a careful review.
The details in builder's risk policies vary enormously between carriers. Here's where it goes wrong when the wrong agent places it.
A policy written for "cosmetic renovation" that turns into structural work mid-project may not respond at all. We make sure the policy form matches what's actually being done.
Builder's risk policies expire at a set date. If the project runs long, you can be left uncovered mid-build. We build in extensions and monitor your timeline.
Insuring a project for less than its actual completed value is a common mistake. At claim time, a coinsurance clause can reduce your payout significantly. We help you get the insured value right from day one.
We quote builder's risk for a wide range of project types across Kansas City and the surrounding metro — residential and commercial.
If it's under construction, we can write it.
Tell us about your build — scope, timeline, and project value — and we'll shop the right carriers for your specific risk.
Start My Quote →Disclaimer: The coverages, endorsements, and features described on this page are illustrative examples and may vary by carrier, state, and individual policy. Conexion Insurance Agency does not guarantee that any specific coverage, limit, or exclusion applies to your policy. Actual terms are governed solely by the policy issued to you — please review your own policy documents carefully and contact us directly for specifics about your account.