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Builders risk insurance, also known as Course of Construction Insurance, is a specialized type of property insurance designed specifically for buildings under construction. It’s crucial for managing the risks associated with construction projects, from the initial groundbreaking to the final touches. This insurance covers your project from fire, theft, vandalism, and weather-related damages, ensuring that both materials and the structure are protected.
This insurance is essential for:
Consider this scenario: During the construction of a new restaurant, a sudden fire causes extensive damage to the partially completed structure and the high-quality building materials on-site. Without builders risk insurance, the project could face significant delays and financial losses. With SOGO’s comprehensive builders risk policy, not only are the damages covered, but the financial stability of your project is maintained, allowing construction to resume promptly.
Protects the structure and materials from covered risks like fire and theft.
Covers the machinery and tools owned or rented for the project.
Although primarily property coverage, it can be paired with liability insurance to cover responsibilities to third parties.
Policies can be issued for three months, six months, or twelve months, depending on the project duration, with the option to extend if necessary.
Whether you are building a new office complex, renovating a restaurant, or constructing residential homes, builders risk insurance from SOGO is tailored to protect your investment.
At SOGO, we understand that each construction project in San Antonio has unique needs. We work closely with you to:
Don’t let your project be vulnerable to unforeseen events. Contact SOGO Insurance today at 210-741-8398 or visit us at our office at 10127 Coachlight St., San Antonio, TX. Let’s build a robust insurance solution that protects your construction project from start to finish.
There’s no obligation, just expert advice and tailored solutions waiting for you.
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At SOGO Insurance, we focus on helping clients secure the best insurance rates by working with top-rated national and regional carriers. Our dedicated brokers deliver a personalized experience, empowering clients to choose from various coverage options.
