Builder's Risk Insurance in Murfreesboro, TN
Keeping Under-construction Buildings secure
Buildings that are under construction are subject to many risks, including fire, wind, vandalism, and other natural forces. Insurance provides necessary protection for all of these risks, and at Middle TN Insurance Group, Inc. we have a thorough builder’s risk insurance program. Through this program we tailor solutions to the needs of individual clients. Whether you’re an owner or a builder, you’ll be completely secure for the right price.
Builder’s Risk Insurance Coverage Details
Builder’s risk insurance is a form of property insurance that protects insurable interests and/or materials. These could include renovation, physical loss, and fixtures and equipment. This type of insurance does not cover earthquakes, employee dishonesty, weather damage, or mechanical breakdown. However, riders can be added to a builder’s risk insurance policy to cover one or more of these exposures.
Property owners and general contractors purchase builder’s risk insurance, and for either party purchasing the insurance is sometimes required. Requirements for purchasing builder’s risk insurance depend on states in which construction is performed.
We work with a large number of carriers to give you the greatest possible selection of options, which include:
What you can expect
Builder’s risk insurance policies are temporary, and while they’re in place these policies require oversight. We monitor builder’s risk policies regularly and we keep clients informed while we do this. We actively manage risk and this helps reduce the chances that clients will suffer losses. However, should something occur and claims are filed, we will work with you to manage the claim.
We work closely with clients to ensure that they have the right coverages and the best possible policies. Please contact us or give us a call to learn more about your builder’s risk insurance options. You can also request a quote if you're ready to get started.
Additional Builder’s Risk Insurance Information:
- Builder’s Risk Information and Resources (The International Risk Management Institute (IRMI))
- Key Considerations of Builder’s Risk Insurance (The International Risk Management Institute (IRMI))
- Builder’s Risk Insurance Information and Resources (For Construction Pros)
We are proud to provide builders’ risk insurance in Murfreesboro, Smyrna, Mount Juliet, Nashville, Franklin, and Spring Hill, TN. We also serve other areas in the state and we serve Georgia.