Protect Your Construction Project from Start to Finish
If you are building a new home, remodeling a property, or managing a construction project in North Carolina, South Carolina, or Georgia, protecting that investment is critical. Construction projects face many risks before the project is complete—storms, theft, vandalism, fire, and even accidental damage can quickly create costly setbacks.
That’s where Builders Risk Insurance comes in. At Upstate’s Choice Insurance, we help property owners, builders, and contractors across the Southeast secure affordable Builders Risk Insurance policies designed to protect projects from the ground up.
What is Builders Risk Insurance?
Builders Risk Insurance is a specialized insurance policy that protects buildings and structures while they are under construction or renovation. It covers the structure itself, materials on-site, and often materials in transit or stored off-site for the project.
This coverage is typically purchased by:
- Property owners
- Home builders
- General contractors
- Real estate investors
- Developers
- House flippers
Whether you are building a custom home, constructing a commercial property, or renovating an investment property, Builders Risk Insurance provides financial protection if something unexpected happens during the project.
What Does Builders Risk Insurance Cover?
A typical Builders Risk Insurance policy can cover a wide range of risks that could impact your construction project, including:
Fire and Smoke Damage
Construction sites are vulnerable to fire risks due to electrical work, welding, and other activities. Builders Risk Insurance helps cover repairs or rebuilding costs if fire damages the project.
Theft of Materials
Construction materials such as lumber, copper wiring, appliances, and fixtures are common targets for theft. Coverage can help replace stolen materials.
Vandalism
Vacant construction sites sometimes attract vandalism. Builders Risk coverage helps pay for repairs caused by malicious damage.
Weather Damage
Severe weather events—including wind, hail, lightning, and storms—can damage structures under construction.
Damage to Materials
Materials stored at the job site or waiting to be installed may also be protected under a Builders Risk policy.
Who Needs Builders Risk Insurance?
Builders Risk Insurance is commonly used by:
Home Builders
Building a spec home or custom home requires protection until the property is completed and sold.
Contractors
General contractors often require Builders Risk coverage to protect the projects they manage.
Property Owners
If you are hiring a contractor to build a property, you may still want coverage to protect your investment.
Real Estate Investors
Fix-and-flip projects and large renovations carry financial risk that Builders Risk Insurance can help manage.
Builders Risk Insurance in North Carolina
Construction projects across North Carolina face unique risks—from coastal storms to material theft. Builders Risk Insurance is commonly used for projects in areas such as:
- Charlotte
- Raleigh
- Wilmington
- Asheville
- Greensboro
- Durham
- Fayetteville
Whether you’re building a custom home in Wilmington or renovating an investment property in Charlotte, Builders Risk coverage can help protect the project until it is complete.
Builders Risk Insurance in South Carolina
South Carolina continues to see strong construction growth, especially in areas like Greenville, Charleston, and Columbia. Builders Risk Insurance can help protect construction projects throughout the state.
Common projects covered include:
- New home construction
- Spec homes
- Investment property renovations
- Commercial construction
- Large remodels
- Additions and expansions
Builders Risk coverage is particularly important in areas where storms, hurricanes, and severe weather may impact projects.
Builders Risk Insurance in Georgia
From residential developments in Atlanta to investment property renovations across the state, Builders Risk Insurance is widely used in Georgia.
Projects that commonly require Builders Risk Insurance include:
- Residential construction
- Commercial buildings
- Apartment complexes
- Real estate investment projects
- Fix-and-flip homes
- Property renovations
Georgia builders and developers often use Builders Risk Insurance to protect materials, structures, and project timelines.
How Long Does Builders Risk Insurance Last?
Builders Risk policies are typically written for the length of the construction project, often:
- 3 months
- 6 months
- 9 months
- 12 months
Policies can sometimes be extended if the project takes longer than expected.
Coverage usually ends when:
- Construction is complete
- The building is occupied
- The property is sold
- The policy expires
What Does Builders Risk Insurance NOT Cover?
While Builders Risk Insurance protects many risks, it usually does not cover:
- Worker injuries (covered by Workers Compensation)
- Contractor liability (covered by General Liability Insurance)
- Faulty workmanship
- Equipment breakdown
- Wear and tear
Because of this, Builders Risk Insurance is often paired with other policies such as General Liability Insurance or Workers Compensation Insurance for full protection.
How Much Does Builders Risk Insurance Cost?
The cost of Builders Risk Insurance depends on several factors, including:
- Total construction cost
- Location of the project
- Length of construction
- Type of structure being built
- Security measures at the job site
Policies are often surprisingly affordable compared to the potential financial risk of a construction loss.
Get Builders Risk Insurance in NC, SC, or GA
If you’re planning a construction project in North Carolina, South Carolina, or Georgia, Builders Risk Insurance can help protect your investment from unexpected losses.
At Upstate’s Choice Insurance, we work with multiple insurance companies to help builders, contractors, and property owners find the right coverage at competitive rates.
We can help you secure coverage for:
- Residential construction
- Commercial construction
- Remodeling projects
- Investment property renovations
- Spec homes
- Custom homes
Whether your project is in Greenville, Charlotte, Atlanta, or anywhere across NC, SC, or GA, we can help you get the protection you need.
Get a Builders Risk Insurance Quote Today
Starting a construction project is exciting—but protecting that investment is just as important.
Contact Upstate’s Choice Insurance today to get a Builders Risk Insurance quote for your project in North Carolina, South Carolina, or Georgia.
Our team can help you find affordable coverage quickly so your project stays protected from the first day of construction until the final nail is in place.