Builder’s Risk Insurance in Texas

Protect Your Construction Project From the Ground Up

Building, remodeling, or renovating a property in Texas? Builder’s risk insurance helps protect your investment while construction is underway.

Builders Risk Texas helps property owners, builders, general contractors, developers, and real estate investors find coverage for residential and commercial construction projects throughout Texas.

Whether you're building a new home, renovating an existing property, or managing a commercial construction project, we'll help you find coverage designed for your project.

Get a Builder’s Risk Quote

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Builder’s Risk Coverage for Texas Construction Projects

Construction projects face risks long before the building is finished. Fire, theft, vandalism, wind, hail, and other unexpected events can cause significant losses and construction delays.

Builder’s risk insurance — also known as course of construction insurance — is a type of property insurance designed specifically for buildings and structures while they are being built or renovated.

Depending on the policy and project, coverage may be available for:

New construction
Remodels and renovations
Residential construction
Commercial construction
Investment properties
Materials and supplies
Materials in transit or temporary storage
Debris removal
Certain soft costs
Temporary structures

Coverage varies by carrier, policy form, project type, location, and selected endorsements.

Who Needs Coverage in Texas?

Builder’s risk isn't just for large construction companies.

Anyone with a financial interest in a construction project may need protection.

Property Owners

Building a new home or commercial property? Builder’s risk can help protect the money you've invested in the project before construction is complete.

General Contractors & Builders

Contract requirements may require the owner or contractor to obtain builder’s risk coverage before work begins.

Real Estate Investors

Buying a property to renovate and resell or rent? A standard homeowners or landlord policy may not be designed to cover a property undergoing substantial construction.

Developers

Builder’s risk can provide property protection during construction of residential and commercial developments.

Lenders

Construction lenders frequently require evidence of builder’s risk coverage to help protect their financial interest in a project.

What Does Builder’s Risk Insurance Cover?

A builder’s risk policy can cover more than the unfinished building itself.

Depending on the policy, protection may include the building under construction as well as materials, supplies, fixtures, and other property that will become a permanent part of the completed structure.

Covered causes of loss can vary, but policies may provide protection against losses caused by events such as:

Fire & Lightning
A fire during construction can cause substantial damage before a project is completed.

Wind & Hail
Texas construction projects can face severe thunderstorms, hail, high winds, and other weather-related exposures.

Theft & Vandalism
Construction sites frequently contain valuable building materials and equipment and may be vulnerable when workers aren't present.

Certain Materials in Transit or Storage
Some policies can be structured to cover qualifying building materials while they're being transported or temporarily stored away from the construction site.

Debris Removal
Following a covered loss, certain policies may help pay qualifying expenses associated with removing damaged property.

Your exact coverage will depend on the insurance carrier, policy form, endorsements, construction type, project location, and other underwriting factors.

New Construction Builder’s Risk Insurance

Building from the ground up requires a different type of property coverage than insuring an already completed building.

Builder’s risk insurance can protect a new residential or commercial structure during construction — from the early stages of the project through completion, subject to the terms and expiration of the policy.

We'll help you determine the appropriate insured value and coverage options based on your specific project.

Get a New Construction Quote

Builder’s Risk for Remodels & Renovations

Renovation projects can be more complicated to insure because you're working with both an existing structure and new construction.

The policy may need to account for:

The existing building
New construction and improvements
Building materials
The completed value of the project
Vacant or partially occupied buildings
Structural renovations
Project duration

This is an area where choosing the correct policy structure matters.

Tell us about the property and the work being performed, and we'll help determine what type of builder’s risk coverage fits the project.

Residential & Commercial Builder’s Risk

Residential Construction

We can help with builder’s risk insurance for qualifying residential projects including:

New homes, custom homes, investment properties, major renovations, additions, and residential construction projects.

Commercial Construction

Coverage may also be available for qualifying commercial projects including:

Office buildings, retail properties, warehouses, mixed-use buildings, commercial renovations, and other construction projects.

Project eligibility varies by carrier.

How Much Builder’s Risk Coverage Do You Need?

One of the most important parts of purchasing builder’s risk insurance is selecting the appropriate property limit.

Builder’s risk is commonly based on the completed value of the insured construction project, rather than simply the amount already spent when the policy begins.

For a new construction project, this generally means considering the value of the building when construction is completed, including qualifying materials and labor.

Renovation projects can require additional consideration because the policy may need to address both the existing structure and the value of the improvements.

Don't guess at the limit.

We'll review the project information with you and help determine what information the insurance carrier needs to properly quote the project.

Texas Construction Comes With Texas-Sized Risks

Construction in Texas presents unique insurance considerations.

Severe thunderstorms, hail, high winds, tornadoes, theft, rapidly changing construction costs, and coastal wind exposure in certain parts of the state can all affect builder’s risk underwriting.

That's why we don't believe builder’s risk should be treated as a one-size-fits-all policy.

We work with multiple insurance markets to help find coverage appropriate for the location, construction type, project value, and scope of work.

Why Choose Builders Risk Texas?

Texas-Focused Expertise

We understand Texas construction and contractor insurance. Instead of dealing with a generic call center, you'll work with an independent insurance agency familiar with the questions carriers ask about construction projects.

Multiple Insurance Markets

As an independent agency, we aren't limited to a single insurance company. We can evaluate available markets based on the characteristics of your project.

Residential & Commercial Projects

From a single new home to a commercial renovation, we can help determine what builder’s risk options may be available.

Contractor Insurance Knowledge

Builder’s risk is only one piece of construction risk.

Through Bergen Insurance Agency, we also help Texas contractors with general liability, commercial auto, workers’ compensation, tools and equipment coverage, and other commercial insurance needs.

What We'll Need for a Builder’s Risk Quote

Getting started is simple. Be prepared to provide basic information about your project, including:

Property address
Type of construction
New construction or renovation
Estimated completed value
Existing structure value, if applicable
Square footage
Construction start date
Estimated completion date
General contractor information
Description of the work being performed
Current stage of construction

More complex projects may require additional underwriting information.

Builder’s Risk Insurance Throughout Texas

Builders Risk Texas helps customers find coverage for construction projects throughout the state.

We can assist with builder’s risk insurance in Dallas–Fort Worth, Houston, Austin, San Antonio, Weatherford, Fort Worth, Dallas and communities throughout Texas.

Whether you're building a custom home in North Texas, renovating an investment property, or starting a commercial construction project, we're ready to help.

Frequently Asked Questions About Builder’s Risk Insurance

Is builder’s risk insurance required in Texas?

Texas law does not generally require every construction project to carry builder’s risk insurance. However, lenders, property owners, general contractors, or construction contracts may require coverage.

When should I buy builder’s risk insurance?

Ideally, coverage should be arranged before construction begins or before you have a financial exposure at the job site. Starting construction before obtaining coverage can affect eligibility with some insurance carriers.

Can I get builder’s risk insurance after construction has started?

Possibly. Some insurance companies will consider projects already underway, but eligibility may depend on how much construction has been completed and whether any losses have already occurred.

Does builder’s risk cover theft?

Many builder’s risk policies provide some protection against theft, but coverage varies. Limitations and exclusions can apply to certain property, materials, equipment, or circumstances.

Does builder’s risk cover contractor tools?

Not necessarily. Contractors' tools and equipment may require separate contractors equipment or inland marine coverage rather than relying on the builder’s risk policy.

Does builder’s risk cover flood?

Flood is commonly excluded from standard builder’s risk coverage. Depending on the project and location, separate flood coverage or an endorsement may be available.

How long does a builder’s risk policy last?

Policies are commonly written for a specific construction period, such as 3, 6, or 12 months. Available terms and extensions vary by insurance company.

Who buys the builder’s risk policy — the owner or contractor?

Either may purchase the policy depending on the construction contract and project. The important issue is making sure the parties with an insurable interest are properly addressed by the policy.

Get a Texas Builder’s Risk Insurance Quote

Don't leave a construction project exposed while work is underway.

Whether you're a property owner, contractor, builder, developer, or real estate investor, Builders Risk Texas can help you explore insurance options for your project.

Tell us what you're building, where you're building it, and the estimated project value. We'll help you take it from there.