Builder’s risk insurance, also known as course of construction insurance, is a special type of insurance that covers property during the construction or renovation of a building. It’s designed to protect against physical damage and loss that occurs during the construction process. 

These losses may be due to theft, vandalism, fire, wind, hail, and other perils. This type of insurance provides coverage for materials, supplies, and labor costs associated with the building project.

Builder’s risk insurance is typically for projects such as homes, commercial buildings, and other structures being built or renovated. If you are interested to learn more, continue reading!

What Does Builder’s Risk Insurance Cover?

Builder’s risk insurance typically covers the building materials, fixtures, and equipment used in the construction or renovation of a structure. It also covers any loss or damage that occurs during the construction process. 

This includes things like theft, vandalism, fire, wind, hail, and other risks. It can also cover the cost of debris removal and other expenses related to the construction project.

In addition to the physical structure of the building, Builder’s Risk Insurance can also cover any temporary structures, such as scaffolding, that are used in the construction or renovation process. It can also cover any materials that are stored on the property, such as building supplies, tools, and equipment. 

Do I Need Builder’s Risk Insurance?

Whether or not you need builder’s risk insurance depends on the size and scope of your project. If you’re building a large structure or renovating an existing one, builder’s risk insurance can provide you with the protection you need. 

It can also be a good idea if you’re working on a smaller project and you want to ensure that your materials, fixtures, and equipment are covered in the event of an accident or damage.

How Much Does Builder’s Risk Insurance Cost?

The cost of builder’s risk insurance can vary depending on the size and scope of your project. Generally, the price is based on the estimated value of the materials, fixtures, and equipment being used. 

It’s important to get an accurate estimate of the value of your project before purchasing builder’s risk insurance so that you can make sure you’re getting the right amount of coverage.

Who Purchases the Builder’s Risk Insurance?

Builder’s Risk Insurance can be purchased by the owner, the contractor, or a combination of both. It is important to understand the coverage provided by the policy and to make sure that it is adequate for the project. 

Generally, the coverage provided by Builder’s Risk Insurance will include the cost of repair or replacement of materials and supplies, as well as the labor costs associated with the project. 


Builder’s Risk Insurance is a significant coverage for any construction project. It is designed to cover the property being constructed, as well as the materials used in the construction process. It is important to understand what is covered by this type of insurance, as well as any exclusions, in order to make sure that you are properly protected in the event of any type of loss or damage. 

It is also crucial to know who is responsible for obtaining this coverage and when it is necessary. It is essential to understand the coverage you are getting so that you can make an informed decision about the insurance you purchase. 

Builder’s Risk Insurance is an important form of coverage that can help protect your interests and investments in a construction project.

Are you looking for builder’s risk insurance in Louisiana? If so, Pascal Burke Insurance Brokerage Inc can help you! We are a specialized insurance brokerage that offers a variety of policies to cover general and specialty contractors. Whether you are a residential or commercial builder, our experienced team can provide you with the right coverage to protect your projects. Contact us today to learn more about our policies and get started!