Texas Builders Risk Insurance Information
Builders risk insurance provides coverage for buildings that are under
construction. The construction can be new, a remodel, or repair.
Coverage includes materials at the work site before they are installed,
any materials intended for the work site that are in transit, and the value
of the new, remodeled, or repaired property being built until it's
completed and the owner accepts the work.
Builders risk insurance coverage can also be purchased for specific
home improvement projects such as a new room addition, a deck or
a remodeled kitchen.
Those who should seriously consider purchasing builders risk
insurance include general contractors, subcontractors, home builders,
real estate developers, building owners, colleges and universities, and
municipalities.
A builders risk insurance policy includes perils such as theft,
vandalism, fire, wind storm, lightning, and hail. Most policies offer
limited coverage for collapse. Standard exclusions include earthquake,
flood, weather damage to property in the open, water damage,
employee theft, mechanical breakdown, war, government action,
contract penalty, and voluntary parting. Another important exclusion is
for damage resulting from faulty design, planning, workmanship and
materials. Builders risk insurance is meant to offer coverage for
accidental events and not for poor construction. Earthquake and flood
coverage can usually be added to the policy for an additional cost.
Who Is Insured
The named insured of a builders risk insurance policy is usually the
contractor or developer of the property. However, it may be the
building owner or homeowner if they are responsible for insuring the
property while under construction, particularly when the construction
is a remodel or repair. A mortgagee or lien holder may be added as
an additional insured.
We have the experience to analyze and recommend the correct
builders risk insurance coverage for your Texas business. Our
strong relationships with insurers results in direct cost savings for
our clients.
Click on the link below to fill out a secure quote request form for a
Texas builders risk insurance policy that regardless of whether
you're a large employer or a small business, will provide
exceptional insurance coverage for your business at an affordable
cost. Or speak with our Texas Builders Risk Insurance specialist at
817-226-3510 to discuss the features.
We are your local Arlington, TX insurance agency, offering experienced
Texas builders risk insurance services to businesses in the following
Dallas / Ft. Worth area cities and counties: Irving, Grand Prairie,
Mansfield, Kennedale, Everman, Forest Hill, Burleson, Crowley,
Benbrook, River Oaks, White Settlement, Saginaw, Lake Worth,
Lakeside, Rendon, Bisbee, Pantego, Westover Hills, Azle, Edgecliff,
Westworth, Pelican Bay, Haslet, Blue Mound, Haltom City, Richland
Hills, Hurst, Watauga, Keller, Southlake, Westlake, Beford, Grapevine,
Colleyville, North Richland Hills, Euless, Cedar Hill, Duncanville, De
Soto, Lancaster, Cockrell Hill, Wilmer, Glenn Heights, Hutchins,
Highland Park, University Park, Balch Springs, Mesquite, Seagoville,
Rowlett, Sachse, Wylie, Richardson, Farmers Branch, Coppell,
Carrollton, Flower Mound, Lewisville, Addison, Corinth, Argyle, Plano,
Allen, Denton, McKinney, The Colony, Frisco, Tarrant County, Dallas
County, Denton County, Wise County, Collin County, Johnson County,
and Ellis County, TX. We also offer Texas builders risk insurance
services throughout the Lone Star state, including the metro areas of
San Antonio and Houston.
Texas Builders Risk Insurance Information
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Texas Builders Risk Insurance
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Builders
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Truong Insurance
2111 W. Arkansas Ln. # 207
Arlington, Texas 76013
Tarrant County, TX
(817) 226-3510
Toll Free: 877-252-2789
Fax: (817)226-3511