Building Your Dream Home This Year? Be Sure to Have Builder’s Risk Insurance

Creating your home from the plans to the finished product is an exciting time. You are living the American Dream and having a home of your own custom designed and built. During all the excitement, it is important not to get caught up in the dream and remember some down to earth details. Protect the structure and the team on the job with builders risk insurance. 

Building Your Dream Home This Year Be Sure to Have Builder's Risk Insurance


Based on the total completed value of the home you are having built, builders risk insurance will cover issues arising during the construction period. Insurance of this kind may be issued for a three, six or twelve month period. If, as happens in construction, things take longer, the policy can be extended.

Insuring the Structure

When a home is coming together it is up against many risk factors. Remember, a home which is just a frame is much more vulnerable than a framed, insulated and finished structure. Some of the things which builders risk insurance will cover include:

  • Fire
  • Wind
  • Storms
  • Theft
  • Vandalism
  • Explosion

Not only will the building be protected with this type of coverage, but other pieces of the puzzle will fall under the insurance as well. Additional items which may be covered include:

  • Blueprints and Contracts
  • Debris Removal
  • Fire Department Services
  • Property in Transit
  • Property in Storage
  • Scaffolding
  • Sewer Backup

Ensuring You Are Covered

Along with obtaining a policy which will cover your dream home, it is important to see what type of insurance the contractors will have. You want to be sure that every inch and every person working on your home is safe.

To help you navigate which insurance you will need for building your dream home, contact our team. We will make sure that from the nuts and bolts to the property itself, you dream house comes true!


About Schumacher Insurance Agency

Why trust us? What do we do different than every other insurance agency? Consider this an invitation to get to know us. We believe we are an exceptional team of protection specialists that work hard to do things the right way, to educate our clients on insurance, and make the experience effortless. We are excited to introduce a new insurance experience for our customers. We encourage you to speak with our team who can show you how different we are… from text messaging services for late payments to educational insurance concepts on Facebook. We will prove our innovative approaches to obtain the proper coverage’s for you, your family, your business. Insurance is likely not the most interesting affair for everyone, but it is most certainly ours! Yes, we are insurance geeks!

Posted on February 12, 2015, in Agency and tagged , , , , . Bookmark the permalink. Leave a comment.

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