Builder’s Risk Insurance – Protect Your Construction Project in Progress

When you’re building from the ground up, you need coverage built for the job. 

At Calrisk, we provide builder’s risk insurance to construction companies across Southern California—from Monrovia to the Inland Empire, Los Angeles to Orange County. This specialized coverage protects your structure while it’s under construction, shielding your investment from fire, theft, weather events, and more.

What Is Builder’s Risk Insurance?

Builder’s risk insurance (also known as course of construction insurance) is a temporary property policy that covers buildings and materials while under construction, renovation, or remodeling. Whether you’re framing a new custom home in Pasadena or renovating a commercial property in Pomona, this policy is designed to fill the gap between project start and completion.



It’s often required by lenders, project owners, or general contractors. In most cases, the party with the most financial interest—contractor or owner—secures the policy.

What Builder’s Risk Typically Covers

Calrisk helps you secure builder’s risk policies that cover:

01.

Structure & materials

on-site and in transit (if endorsed)

02.

Fire, lightning, wind, and some weather damage

03.

Vandalism and theft

(including stolen materials if properly scheduled)

04.

Accidental collapse or explosion

05.

Debris removal & cleanup

after a covered loss

06.

Temporary structures

scaffolding, forms, or construction signage (when added)

Example: If a windstorm takes down partially framed walls in Arcadia or thieves swipe copper piping from your job site in Glendora, your builder’s risk policy can cover the loss—saving you from major out-of-pocket costs.

What’s Not Covered

Builder’s risk is not a one-size-fits-all solution. It doesn’t cover:

  • Injuries to workers (see Workers’ Comp Insurance)
  • Third-party injuries or property damage (see General Liability)
  • Design errors or contractor mistakes (consider Professional Liability Insurance)
  • Earthquakes or floods, unless endorsed separately

We’ll walk you through what’s covered, what’s not, and what else you may need to protect your project from every angle.

Who Needs This Type of Insurance?

  • General Contractors

    Often take the lead in securing this coverage, especially when managing a project from start to finish.

  • Property Owners/Developers

    For residential or commercial builds, you may need to carry the policy and list the GC as an additional insured.

  • Custom Home Builders & Remodelers

    If you’re constructing high-value homes or additions in wildfire-prone areas like the San Gabriel Valley, having the right coverage is critical.

If there’s a structure being built or renovated, and you’d take a financial hit if it burned down tomorrow, you need builder’s risk insurance.

Policy Terms & Add-On Options

Standard builder’s risk policies are issued for the duration of the construction period—usually 3, 6, or 12 months. Need more time? No problem. We can extend the policy if the project runs longer.



We’ll help you consider:

  • Soft costs (e.g. interest on loans, permit fees, architectural/design costs if construction is delayed)
  • Equipment & materials in transit
  • Ordinance & law upgrades
  • Debris removal and pollution cleanup

Calrisk works with contractors to craft a policy that fits the size, scope, and timeline of your build.

A group of construction workers are working on a construction site.

Builder’s Risk Coverage in Southern California

Wildfire season. Wind damage. Vandalism at remote job sites. These are real risks our clients face in SoCal. Calrisk can help secure wildfire endorsements, consider coverage extensions for high-crime areas, or even advise on separate earthquake protection.



Our local knowledge gives you a leg up—whether you’re building in the San Gabriel Valley, South Bay, or Riverside County.

Why Contractors Choose Calrisk

We understand how construction timelines work—fast. We’ll get you a quote fast, bind coverage quickly, and handle communication with your lenders, clients, and subs so everyone’s properly named and covered.



What else sets us apart?

  • Quick turnaround on policies & COIs
  • Coverage tailored to contract requirements
  • Competitive pricing through top carriers
  • Local expertise in California contractor risks

Before you break ground, we’ll make sure your work is protected from day one.

Don’t let an uninsured job site derail your timeline—or your budget.

Contact Calrisk today for a builder’s risk quote tailored to your next project. We’ll review your needs and make sure you’re covered from groundbreaking to handover.