Builders Risk Insurance
Builders Risk Insurance in Texas for Projects in Progress
Protect the Build While It's Still in Progress
Builders risk insurance (often called course of construction insurance) is designed to protect a structure while it's being built or renovated. It can help cover covered losses to the building-in-progress and certain materials-so a storm, theft, or fire doesn't turn into a major financial setback before the project is even finished.
This coverage can be structured for owners, general contractors, or other parties depending on the contract and the way the project is set up.
What Builders Risk Insurance Typically Covers
Builders risk is focused on physical project property, which may include:
Common covered causes of loss may include fire, theft, vandalism, and certain weather losses. Coverage varies by policy form and endorsements, so we confirm what's included before you rely on it.
The structure under construction or renovation
Materials and supplies intended for the project
Certain fixtures and equipment to be installed
Temporary structures (when included)
Common Exclusions to Know Up Front
Many builders risk policies exclude or limit certain scenarios unless endorsed, such as:
Flood and earthquake
Normal wear and tear or faulty workmanship
Certain types of water damage
Employee theft or unexplained disappearance
Delay-related costs unless specifically included
We'll help identify whether optional add-ons make sense for your job.
Materials On-Site and In Transit
A common question is whether builders risk covers materials before they're installed. Coverage for:
Materials stored on-site
Materials stored off-site
Materials in transit is often handled through specific policy language or endorsements. If materials exposure is meaningful, we structure this deliberately so you know what's protected and what isn't.
Decision Checklist: Do You Need Builders Risk?
Builders risk is commonly needed when any of these are true:
Ground-up construction or major renovation
The property is vacant during construction
A lender requires course-of-construction coverage
The contract assigns insurance responsibility to a specific party
Materials and fixtures represent a meaningful investment
The project duration spans weather seasons or long lead times
If you're unsure who should carry it, we'll match the policy to the contract so roles and responsibilities are clear.
Common Questions About Builders' Risk Insurance
What is builders risk insurance and what does it cover?
Builders risk typically covers property losses during construction or renovation, including materials, partially completed work, and some onsite storage. Coverage depends on project scope and policy terms.
Who should carry builders risk insurance?
It depends on the contract. Owners, developers, or general contractors may carry it. The key is confirming who is responsible for the policy and how all parties are listed.
Does builders risk cover theft of materials?
Often yes, but coverage may depend on where materials are stored and site security. Some policies require specific protections or endorsements for theft from unsecured locations.
Does builders risk cover subcontractor damage or workmanship issues?
Builders risk generally covers sudden accidental losses, not poor workmanship. Damage caused by faulty work may be excluded, although resulting damage can sometimes be covered depending on wording.
Texas-Wide Coverage Support
Crump Management supports builders risk needs across Texas, with a process built around clear documentation, clean recommendations, and coverage aligned to the job-not guesswork.
