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COMPREHENSIVE: Renovation Builders Risk coverage is designed specifically to cover the unique risks associated with renovation projects. Our policy covers both the existing structure and the renovation work against the standard perils such as fire, lightning windsorm, vandalism, and theft of building materials. However, we also cover occupied property and completed projects for up to one year when other buidler's risk policies suspend coverage.
Renovation Builders risk is designed for acquisition and renovation projects up to $250,000 for both the existing structure and the costs of renovation. Renovation Builders Risk coverage is provided subject to a $2,500 deductible per loss.
When it comes to tailored property insurance for your renovation project...
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