How long does builder's risk insurance last?

Coverage typically lasts for the duration of the project, from the start of construction until completion or occupancy.

The policy duration usually matches the construction timeline and ends when the project is completed or occupied. Extensions can be arranged if delays occur.

A contractor secures an extension on their policy when construction is delayed due to supply chain issues.

Add soft cost coverage to protect against non-physical expenses like legal fees or lost income during delays.