What perils are typically covered?

Covered perils may include fire, wind, theft, vandalism, and lightning. Coverage varies by policy.

Commonly covered perils include fire, windstorms, theft, vandalism, lightning, explosions, and vehicle collisions. Coverage varies, so reviewing your policy's terms is important.

Thieves steal copper wiring from a construction site. The builder's risk policy reimburses the cost of the stolen materials.

Notify your insurer promptly if construction delays occur to extend your policy and avoid gaps in coverage.