Serving All 50 States!
Don’t limit yourself to one or two insurance companies and end up paying high premiums.
AUTO
HOME
BUSINESS
PROPERTY
UMBRELLA POLICY
Get Covered Today Through Our Agents or Our Network of 200+ Partners
Construction projects are complex undertakings with inherent risks. At West Lake Insurance Agency, we understand the importance of protecting your investment during every phase of construction. We’re here to help you find the right builders risk insurance policy to safeguard your project from start to finish.
What is Builders Risk Insurance?
Builders risk insurance, also known as course of construction insurance, is a specialized type of insurance that protects a construction project while it’s being built. It covers the structure itself, as well as materials and equipment on site, against damage or loss from a variety of covered perils. West Lake Insurance Agency can explain the intricacies of builders risk insurance and help you choose the right policy for your project.
Who Needs Commercial Truck Insurance?
Anyone who owns or operates a truck for commercial purposes needs commercial truck insurance. This includes:
- Owner-operators.
- Trucking companies (small, medium, and large).
- Companies that use trucks to transport goods, materials, or equipment.
- Businesses that have employees who drive trucks as part of their job.
Personal auto insurance policies are not adequate for commercial trucks. Operating a commercial truck without the proper insurance can lead to severe financial and legal consequences.
Who Needs Builders Risk Insurance?
Builders risk insurance is essential for anyone involved in a construction project, including:
- Property owners.
- General contractors.
- Builders.
- Developers.
- Lenders.
Standard homeowners insurance or commercial property insurance policies typically do not provide adequate coverage for a building under construction. Builders risk insurance is specifically designed to address the unique risks associated with construction projects.
What Types of Projects are Covered by Builders Risk Insurance?
Builders risk insurance policies offered through West Lake Insurance Agency can cover a variety of construction projects, including:
- New home construction.
- Commercial building construction.
- Renovations and remodeling projects.
- Additions to existing structures.
What is Covered Under a Builders Risk Insurance Policy?
Builders risk insurance is crucial for protecting your investment in a construction project:
- Financial Protection: It shields you from potentially large financial losses due to damage, theft, or other covered events during construction.
- Lender Requirement: Lenders often require builders risk insurance as a condition of financing a construction project.
- Peace of Mind: Knowing your project is protected allows you to focus on the construction process without constant worry about potential risks.
Get a Quote from West Lake Insurance Agency
Protect your construction project and your investment. Fill out the form below to get a personalized builders risk insurance quote from West Lake Insurance Agency. We’ll help you find the right coverage at the right price.
Who we are
Insurance agency you can count on.
West Lake Insurance Agency takes the work out of buying commercial insurance for businesses. We help small business owners and operators find quotes for commercial insurance from preferred insurance companies.
General Questions
Business insurance covers your business against property damage or theft and covers you if you’re sued for negligence or if any of your employees are involved in an accident while using business-owned vehicles. It’s important to ensure you have the correct types of policies, at the right levels, for the business activities you routinely undertake.
Business insurance covers the operations and assets of commercial organizations. There are several kinds of business insurance, such as: Commercial auto insurance, Professional liability, Commercial property insurance, Commercial umbrella insurance.
Browse our site or contact us for information about business insurance to learn everything you need to know to protect your business with the right insurance policy.