Builders Risk · Florida
Florida Builders Risk Insurance: Protect Your Project
Protect your Florida project from the first delivery of materials to the final inspection. We compare builders risk policies across multiple A-rated carriers to secure your job site.
What is builders risk insurance in Florida?
Builders risk insurance covers a building while it is under construction or renovation, along with the materials meant for it. It pays for damage from causes like fire, theft, vandalism and, when included, windstorm, until the project is finished. It is the property policy for a building that does not exist yet, which is why a regular property policy will not do the job. In Florida, lenders and construction contracts almost always require it before work starts. We compare builders risk across multiple A-rated carriers for owners and contractors. The quote is free.
What Builders Risk Insurance Covers
Every carrier writes its own form, so the policy decides the details. This is how most Florida builders risk policies for new construction and renovations divide.
Usually covered
- The structure itself, from the foundation to the roof.
- Materials and supplies stored on the site.
- Materials in transit to the site, when the policy includes it.
- Fire, lightning, vandalism and theft of materials.
- Windstorm, when it is not excluded, with its own named storm deductible.
Usually not covered
- Flood, unless the policy adds it.
- The faulty work or design itself.
- Contractors' own tools and equipment.
- Injuries to workers or to the public.
- Damage after the building is occupied or the policy ends.
How Does Builders Risk Insurance Work?
Before you break ground
Bind the policy before work starts, at the full value of the finished building. Most lenders will not fund the first draw without it.
When materials arrive
Materials on site are covered from delivery. Many policies ask that they be stored, locked or fenced.
While the structure rises
The limit already matches the finished value, so the policy does not need a new limit at each stage.
During hurricane season
Wind terms and the named storm deductible apply. Carriers usually stop writing new wind coverage once a storm threatens Florida, so bind early.
At completion
Coverage ends when the building is finished, occupied or accepted, as the policy states. The owner's property policy takes over from there.
Builders Risk vs. General Liability Insurance
Builders risk
Covers the building itself while it is being built: the structure, the materials and the work in place. The owner or the general contractor buys it, as the contract says. It ends when the project is done.
General liability
Covers injuries and damage your work causes to other people and their property. Every contractor on the job carries its own. It runs all year, from project to project.
Have This Ready for Your Builders Risk Quote
- The project address, and whether it is new construction or a renovation.
- The finished value of the project, without the land.
- The construction type: wood frame, masonry or concrete.
- Start and finish dates, and your lender's insurance requirements.
Who offers builders risk insurance in Miami and across Florida?
American US Insurance is an independent, bilingual insurance agency headquartered in Kendall that places builders risk coverage across Florida. Because we are independent, we compare multiple A-rated carriers instead of selling one company's form. That matters in Florida, where builders risk insurance companies differ sharply on wood frame, coastal wind and project size. We write builders insurance for owners building new homes, investors renovating and general contractors running several projects. We handle the file, from the first quote to the certificate your lender needs.
Additional Business Insurance Options
Business Insurance Guides for Builders
Business Owners Policy vs. General Liability: Which Fits?
Business owners policy vs. general liability: a BOP adds property and business income coverage to liability. How to tell which your Florida business needs.
Read More →
Payment Bond vs. Performance Bond: How Each One Works
Payment bond vs. performance bond: one guarantees the job gets finished, the other that subs and suppliers get paid. When Florida public jobs need both.
Read More →Get a Builders Risk Insurance Quote
Tell us the project location, materials, and completed value. We will compare multiple A-rated carriers and send you real, affordable coverage options.
- No obligation, no pressure
- Renewal and claims help after you buy
- A licensed agent compares carriers
Request My Builders Risk Quote
Common Questions