Builders Risk Insurance

Protect Your Construction Project with Builders Risk Insurance

Construction projects carry risk from the moment ground is broken until the project is complete. A single fire, storm, theft, or vandalism incident can cause serious delays and unexpected costs. Builders risk insurance is designed to protect the investment you have in a project while it is under construction, renovation, or repair.

Ingram Insurance Group provides builders risk insurance for property owners, real estate investors, and contractors across Ohio, Kentucky, West Virginia, Tennessee, Pennsylvania, Michigan, and Florida. Owned and operated by experienced real estate investors, we understand how to structure coverage so your project is protected at each stage of construction, not just when it is finished.

Builders risk insurance is a specialized type of property insurance that helps cover buildings and structures while they are being built or remodeled. It can apply to new ground-up construction, large-scale renovations, or smaller projects that significantly change or improve a property.

This coverage is typically written for a specific project and a specific time period, usually intended to match the expected length of construction. It can often be tailored around the type of property, the scope of work, and the involvement of lenders or investors. For real estate investors, this can be especially important when you are working under tight timelines or juggling multiple projects at once.

Depending on the policy and the options you choose, builders risk coverage can often help protect against direct physical loss to the covered project from causes such as fire, certain weather events, theft of covered materials, or vandalism. Many policies can be written to address both the existing structure (if there is one) and the materials and supplies that are part of the project. Our role is to help you understand where standard property coverage ends and where builders risk coverage needs to begin.

Some common items that may be addressed under a builders risk policy include:

• The building or structure under construction or renovation

• Materials, fixtures, and equipment that will become part of the project

• Certain temporary structures or improvements that are part of construction

• Interests of owners, investors, or lenders, when properly named on the policy

Because every project is different, we focus on clarifying what is and is not covered, making sure your policy is aligned with your plans, contracts, and financing.

How Our Builders Risk Process Works

When you reach out about builders risk insurance, our first step is to learn about your project. We ask targeted questions about the property location, the nature of the work, the estimated completed value, timelines, and who is involved, including contractors and lenders. This helps us determine what type of builders risk policy is appropriate and what coverage options make sense for your situation.

From there, we compare options from multiple insurance companies as an independent agency. We explain the coverage terms in practical language so you know how the policy responds if there is a loss during construction. Once you select an option, we help with the application, set the effective dates, and coordinate policy documents so you have the coverage in place when work begins. If your project timeline changes, we can review and discuss policy adjustments or extensions when available.

Throughout the project, we remain available to help you understand how changes in scope, budget, or schedule might affect your coverage. If there is a covered loss, we can help you report and manage the claim with the carrier so you are not left to sort it out alone during an already stressful time.

Builders Risk Expertise for Real Estate Investors and Contractors

As real estate investors ourselves, we know that protecting the value of a project during construction is just as important as insuring the finished building. Whether you are building a property to hold long term, renovating to sell, or working on a commercial construction project, builders risk coverage can be an important part of your risk management plan.

Ingram Insurance Group works with real estate investors, property owners, and contractors across OH, KY, WV, TN, PA, MI, and FL. Our experience with investment properties helps us look at your project through an investor’s lens, including how coverage may need to coordinate with your long-term property insurance strategy once the project is complete. We are focused on helping you avoid gaps between builders risk, vacant property coverage, and the eventual rental or commercial property policy.

You get a team that understands construction timelines, lender requirements, and the realities of managing multiple properties. We are not just placing policies; we are helping you line up coverage that fits into your overall investment strategy and risk tolerance.

Why Choose Ingram Insurance Group for Builders Risk Insurance

Ingram Insurance Group is an independent insurance agency, which means we are not tied to a single carrier or a single type of policy. We can review options from different insurance companies and help you compare based on coverage, terms, and how they fit your project. This independence gives you more flexibility to match coverage to the kind of construction or renovation work you are doing.

Our ownership and background in real estate investment set us apart from agencies that focus only on standard personal lines. We understand how builders risk coverage connects with your financing, your exit strategy, and your long-term plans for the property. Whether you work in single family, multifamily, or light commercial properties, we bring a practical understanding of risk during construction and renovation.

You also benefit from our broader experience in property, commercial, and captive insurance solutions, which can be useful if you are growing a portfolio across multiple states. While we always tailor coverage project by project, we keep an eye on how your overall insurance program fits together so you are not underinsured in one area and overinsured in another.

Secure your project from the ground up with tailored builders risk insurance designed to fit your timeline, budget, and unique exposures. At Ingram Insurance Group, we will walk you through your options and help you put coverage in place quickly, so you can focus on building; if you are ready to talk details, contact us today.