Builders Risk Insurance for Projects of Every Scale

Builders risk insurance protects structures under construction against physical loss or damage from covered perils — fire, wind, theft, vandalism, and more. Whether you're building a single-family home or a $500 million commercial tower, the right builders risk program is essential to protecting your investment during the construction phase. Grandbay places builders risk coverage for developers, owners, and contractors across all project types and sizes.

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Who We Serve

Project OwnersReal Estate DevelopersGeneral ContractorsConstruction ManagersLenders & InvestorsDesign-Build FirmsRenovation ContractorsInfrastructure Developers

Specialized Coverage

Purpose-Built Programs for Builders Risk

Why Grandbay

All project types and sizes

Soft cost & delay in completion coverage

Flood & earthquake endorsements

Lender compliance & mortgagee requirements

Materials in transit & off-site storage

Testing & commissioning extensions

A-rated carriers for builders risk programs

Coverage Programs

What We Cover

All-Risk Property Coverage

Broad-form coverage for the structure under construction against physical loss or damage from all covered perils, including fire, wind, theft, and vandalism.

Soft Costs Coverage

Coverage for additional expenses incurred as a result of a covered loss, including architect fees, permit costs, and financing charges.

Delay in Completion

Coverage for lost revenue and additional carrying costs resulting from a covered delay in project completion.

Materials in Transit

Coverage for building materials and equipment while in transit to the job site or stored at temporary locations.

Flood & Earthquake

Optional coverage for flood and earthquake perils that are excluded from standard builders risk policies but may be critical depending on project location.

Testing & Commissioning

Extended coverage for mechanical and electrical systems during the testing and commissioning phase prior to project completion.

Risk Advisory

Key Exposures We Address

Builders Risk operations carry distinct risks that require specialized coverage strategies. Our team identifies and mitigates the exposures most likely to impact your business.

Fire During Construction

Active construction sites are highly susceptible to fire from hot work, temporary heating, and combustible materials — often the largest single builders risk exposure.

Weather & Wind Damage

Partially completed structures are vulnerable to wind, rain, and storm damage that can set a project back significantly.

Theft of Materials

Building materials staged on job sites — copper, HVAC equipment, appliances — are frequent targets for theft.

Vandalism & Malicious Damage

Unoccupied construction sites are vulnerable to vandalism and malicious damage, particularly in urban environments.

Collapse During Construction

Structural failures during construction can result in catastrophic losses to the project and significant third-party liability.

Delay & Soft Cost Exposure

A covered loss that delays project completion can result in significant soft cost and lost revenue exposure beyond the hard cost of the physical damage.

Get Protected

Ready to Protect Your Builders Risk Operation?

Our specialists are ready to design a program tailored specifically to your operations, exposures, and growth objectives.

Get a Builders Risk Quote 1 (888) 676.4902