Is theft by employees covered under builder's risk insurance?

Employee theft is typically excluded; you may need a separate fidelity bond or crime policy for this coverage.

Theft by employees is generally not covered under builder's risk insurance. Separate fidelity bonds or employee dishonesty policies are needed for this type of protection.

A builder includes coverage for temporary fencing and scaffolding in their policy, ensuring full protection for project assets.

Reassess your coverage needs at key milestones in the project to account for changes in value or risks.