Home Under Construction Insurance
Insuring a home while it’s under construction presents can raise red flags for insurance companies. A house poses significant risks while it’s being built via vandalism, theft, damage to building materials, or onsite equipment.
To account for this additional risk, insurance companies require the purchase of a dwelling under construction endorsement. Also known as builders risk insurance, this coverage add-on ensures your home stays insured while it’s in the process of being constructed. Let’s outline the ins and outs of dwelling under construction coverage and where you can buy it.