How Much Does Builders Risk Insurance Cost?

Builders risk insurance is similar to a commercial insurance policy more than a personal homeowner’s policy because it covers a business venture.  This coverage usually lasts 3, 6, or 12 months, and one can typically extend this term at least once in case the building is not yet completed.  The policy ends when the building is occupied or completed.

hold by Michael Cory, on Flickr
hold” (CC BY 2.0) by  Michael Cory

How much is it?

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What are the extra costs?

Tips to know:

How can I save money?


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Average Reported Cost: $0

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Less Expensive $1 $1.5K $3K $5K $6.5K More Expensive $8k

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