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What is "Builder's Risk" or "Course of Construction" Insurance?
Builder's Risk Insurance is a form of property insurance specifically designed to cover buildings under construction. The rates for builder's risk insurance are discounted because there is very little property at risk when construction begins. Builder's Risk Insurance is not a "standardized" coverage form and coverage varies from insurance company to insurance company. BuildersRisk.net is one of the broadest policies available on the market today.