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Looking for Builders Risk Insurance in Brevard? ; Builder’s Risk Insurance, which some refer to as Course of Construction Insurance, is a form of commercial property insurance which covers a building where the building or insured area is presently being constructed or heavily remodeled. It can cover just the structure, or also the materials on site waiting to be installed or transported to the job site. The builder’s risk insurance policy will pay for damages up to the coverage limit in the ...
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Key Takeaways ; Builder’s risk insurance provides property coverage for buildings and structures that are under construction. ; It also covers structures, temporary storage buildings, equipment, lost sales income, real estate taxes, rental income and other costs. ; The average cost for coverage is $105 monthly or $1,259 annually.
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Builder’s risk insurance, or course of construction insurance, protects structures under construction. Get free builder’s risk quotes and buy online with Insureon.