Builder’s risk insurance is defined as coverage that protects a person’s or organization’s insurable interest including materials, fixtures and/or equipment that is being used in the construction or renovation of a building or other structure should those items sustain any physical loss and/or damage from a covered cause. If you are a builder in West Des Moines, Ankeny, or the surrounding area of Iowa, Adamson can assist you in deciding if a builder’s risk insurance policy would benefit you. To learn more about how we can help with your builder’s risk policy contact us today. Adamson Insurance proudly serve much of Iowa including the following cities and the surrounding area:
Most builder’s risk policies will provide coverage for damage that is done to an insured structure from a wide variety of events that can occur when building is in progress. It may include protection from damage from many different events, including fire, wind, theft, lightning, hail, and more.
It is important to note that most builder’s risk insurance policies can be written in terms for three months, six months, or even twelve months time periods. If the project is not completed by the end of the policy term that is initially setup, the policy can possibly be extended, but usually this can only be done one time. We are experts in business insurance policies including builder’s risk insurance as well as a diverse collection of insurance policies for individuals and businesses in Iowa. Call us today for all of your insurance needs in Ankeny and Des Moines, Iowa.