Builders risk coverage — also known as course of construction insurance — is a proven way to protect against the unique risks that endanger residential and commercial new construction, remodeling and installation projects. It usually combines standard coverages and optional endorsements to customize coverage for a specific risk and is based on area exposures. (Michael Flippo/Adobe Stock)
Even though the current home construction market might be deemed complicated, make no mistake — the long-term trend in residential construction is onward and upward. One key reason: Construction of more than 5 million homes is needed in the U.S. to meet the demands of those who want to buy a residence this year.
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