Insurance for Builders

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  • Protect as you build: get the right insurance at the best price

  • Build your hearts out: the right insurance will keep you risk-free at work

Coverage Plans for All Your Needs

Builders have a great deal of equipment with the potential of damage or destruction, and at any time it could be lost. Select one coverage and get a free quote today.


Essential coverage for your customers

General Liability

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  • Coverage against claims from bodily injury, property damage and personal injury
  • Coverage for products/completed operations


To protect your customers and your property

General Liability + Property (bundle them with a BOP)

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All Basic plan benefits and:

  • Bodily Injury
  • Damage to third party property
  • Business Personal Property
  • Personal Injury
  • Lost business income
  • Equipment Breakdown coverage


Get protected against employment-related issues

Business Owners Policy (BOP) + Workers Compensation*

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All Standard plan benefits and:

  • Coverage for work-related issues and subsequent:
    • Ongoing medical care (such as rehab)
    • Missed wages during recovery

*plus Workers Compensation


When you have specific requirements

Including Inland Marine, Commercial Auto, Builder's Risk, etc.

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We will take care of the switching hassle.

Call us at (646) 844-9933 for help and more information

Act Now, Get Protected Easily, Quickly and Affordably

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Frequently Asked Questions

What is a builder's risk insurance policy?

A builder's risk insurance policy is designed specifically to protect buildings and structures that are under construction, development or renovation. It can cover construction materials, labor costs, temporary structures, false work, construction signs and even plants or trees.

What is a wrap-up insurance policy?

A wrap-up insurance policy is a type of insurance that protects contractors and subcontractors working on a construction project. The insurance is intended for projects that will be over $10 million in cost.

What is installation floater insurance?

An installation floater insurance offers protection to contractors where builder's risk policy won't be appropriate for the project. It is also an excellent insurance for projects that are focused on improvement rather than new construction.

What is the cost of builder's risk insurance?

No two projects are ever the same. Which is why there is no easy formula for determining the policy costs. Project type, location, construction type and risk factor are just some of the things that affect the cost of builder's risk insurance.

Why Builders need insurance?

Whether you design and build houses or commercial buildings, buyers look to builders for a safe place to run their business or turn into a home for their family. Builders need insurance to protect themselves from unexpected incidents that can result in a lawsuit. Builders risk losing their business, personal assets, and destroying their reputation without the right insurance in place.

Builders within this industry design and build both single family and multi-family homes. For-sale builders maintain ownership of the land, while buyers will own the home. Other general contractors will construct and sell detached homes, townhouses, row houses or other types of homes that include the sale of the land. Companies building multi-family homes will typically build high-rise apartments, condominiums or even townhouse apartments.

What risks could Builders face?

Advice Goes Wrong: One builder's risk is giving advice to potential customers. Some builders make recommendations about types of materials to use. If the materials you recommend don’t hold up over time, they can cause deterioration or financial drama.

Peace of Mind, At Your Fingertips

CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.

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John White, Restaurant Owner

I didn’t know what type of insurance I needed for my new business so I called CoverWallet and the agent provided me with everything in under an hour!

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Laura Campbell, Distributor

There is nothing more that CoverWallet could have done to make the process any faster or easier. They made it as painless as possible.

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Honest and Transparent

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Anthony Williams, Contractor

I was extremely satisfied with all services and communications with customer support. I would definitely recommend to others. Thank you CoverWallet!

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