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Estimating & Workflow

Builders risk

A policy that covers a building during construction or renovation. It protects the structure, materials, and equipment on site while work is underway and ends when the project is complete. It is a separate policy from the homeowner's coverage and is usually arranged by the builder or the owner.

Common questions

What does "Builders risk" mean in Xactimate estimating?

A policy that covers a building during construction or renovation. It protects the structure, materials, and equipment on site while work is underway and ends when the project is complete. It is a separate policy from the homeowner's coverage and is usually arranged by the builder or the owner.

Where does "Builders risk" show up in a claim?

The term matters on estimates and scopes across the insurance restoration workflow. Browse the glossary for related terms.

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