Whether you’re building a new home, starting a major renovation, or overseeing a commercial project, construction comes with risk. Damage, theft, or delays can cause major financial setbacks. A builder’s risk insurance policy protects your investment during the course of construction.
At Keisler Insurance Group, we provide tailored builder’s risk coverage for contractors, developers, and property owners across Columbia and throughout South Carolina. As an independent agency, we help you compare policies and choose the right protection based on your project’s size, scope, and timeline.
Call (803) 521-0807 or contact us online to request a custom quote today.
What Does Builder’s Risk Insurance Cover?
Builder’s risk insurance is a specialized type of property insurance that protects buildings and structures while they are under construction or renovation. A standard builder’s risk policy typically includes coverage for:
- Damage to the structure from events like fire, wind, hail, lightning, or explosion
- Theft or vandalism of building materials, tools, or equipment
- Materials in transit or stored off-site for use at the project
- Scaffolding, temporary structures, and construction signage
- Soft costs like architectural fees, loan interest, or permit fees due to project delays (optional add-on)
Builder’s risk coverage can be customized for both new construction and home renovation insurance, whether you’re working on a personal property or managing a commercial build.
We work with top-rated insurers to create the right builder’s risk policy for:
- Single-family homes
- Multi-family units
- Commercial buildings
- Custom homes
- Remodels and structural additions
Who Needs Builder’s Risk Insurance?
If you’re responsible for a structure under construction, you likely need builder’s risk insurance. Our clients include:
- Contractors and subcontractors
- Residential and commercial developers
- Real estate investors
- Property owners building or remodeling homes
- Businesses constructing or renovating office, retail, or other commercial space
Standard homeowners or commercial property insurance typically will not cover damage to a structure while it is under construction or major renovation. Builder’s risk insurance is the only way to ensure proper protection during the build or renovation phase.
Do Homeowners Need Builder’s Risk Insurance if the Contractor Has It?
It depends on how the policy is structured. In many remodeling or renovation projects, the contractor may carry a builder’s risk policy, but that doesn’t automatically mean the homeowner is fully protected.
If you’re the property owner and your contractor provides the insurance, it’s important to confirm:
- That you are named on the policy as an additional insured
- That the scope of coverage includes your interest in the property and any materials or upgrades you are supplying
If the homeowner isn’t listed or the policy is written narrowly, there could be gaps in coverage. For example, if a fire damages the home during construction and you’re not properly insured, you may be responsible for uncovered losses.
At Keisler Insurance Group, we’re happy to help you review an existing builder’s risk policy or create one that protects your full investment. Whether you’re hiring a contractor or managing a renovation yourself, we’ll make sure you’re prepared for the unexpected with clear, adequate coverage.
Why Choose Keisler Insurance Group?
At Keisler Insurance Group, we understand construction projects are high-stakes and time-sensitive. Our team offers fast, knowledgeable service and access to leading carriers to help you secure the right coverage.
When you work with us, you get:
- A local, independent agency based in Columbia, SC
- Licensed experts serving South Carolina, North Carolina, and Georgia
- Guidance tailored to your specific project, whether it’s residential or commercial
- Access to more than 20 trusted insurance providers
- No-pressure support and fast policy delivery so you can move forward with confidence
- A responsive team that supports customers through the claims process
Get a Builder’s Risk Insurance Quote Today.
Whether you are a contractor overseeing multiple projects or a property owner renovating a single home, builder’s risk insurance is essential to protect your investment. The right policy helps safeguard your time, budget, and materials from damage, theft, delays, and unexpected costs during construction.
Keisler Insurance Group makes the process simple. We help you compare policies, understand your options, and ensure you have the right builder’s risk coverage for your specific needs. If you are unsure whether your current policy offers full protection, our team is happy to review it with you.
Ask about bundling builder’s risk insurance with general liability, contractor’s equipment, or flood coverage to create a more complete protection plan.
Call (803) 521-0807 or contact us online to speak with a local agent and request your custom builder’s risk insurance quote.