CALL US:
410.372.2222

What is Builder's Risk Insurance?

Builders Risk Insurance

Protection for New Construction, Remodeling, and Renovation

Most people are familiar with the concept of insuring commercial or residential property, but many aren’t aware of the distinction between that and insuring property under construction. At Redmer Insurance Group, we understand the difference and specialize in helping our clients protect their building projects.

What is Builders Risk Insurance?

Buildings and properties under development are exposed to a wide range of exposures that may not affect completed properties. For example, they’re more exposed to weather damage from wind, hail, or rain, as well as threats of theft and vandalism. Builders Risk Insurance provides financial security for a project against these types of risks and more through the course of construction.

The policies we write at Redmer Insurance Group can include the following:

  • Structural Coverage: Buildings and other structures associated with the project are typically the largest financial exposure
  • General Liability: Construction means people working in an environment where they’re at increased risk for injury
  • Equipment & Materials Coverage: In addition to what’s being built, the equipment and materials being used for construction are also at risk for damage or loss

There are many factors that go into crafting the right Builders Risk policy for a particular operation. Details such as time and duration of construction, the location of the build site, and the type of property can affect what type of coverage might be deemed necessary as well as your rate. Our agents will work with you to assess your individual needs and find a plan that meets those needs within your budget.

Who Needs Builders Risk Insurance?

Usually, Builders Risk Insurance is established in the name of those funding or managing construction, but may also be obtained by the landowner or others involved with the project. There is very often more than one party named on a Builders Risk policy, especially in cases of complex tasks involving architects, engineers, and other specialized professionals who may not otherwise be insured.

The Right Partner

When purchasing Builders Risk Insurance, it’s clear that you need to work with an experienced agent that understands how to protect construction properties and who will carefully consider the specifics of your project to ensure you get the right coverage. When you contact Redmer Insurance Group, our agents will give you exactly that. So give us a call today and we’ll help secure your property from start to finish.

Our Location

Redmer Insurance Group

Redmer Insurance Group

11550 Philadelphia Rd, Suite 116
White Marsh, MD 21162
Main office: 410-372-2222

Our Providers

They are wonderful! I definitely highly recommend them! Their Customer service is amazing. Troy is the best. I just bought a car from a dealership and Troy added my new vehicle to my policy and faxed over the information the dealer needed right away. Anytime i need something added, removed, or changed i call and they handle it quickly.
- Michelle Nuessle
Michelle Nuessle
“[Stephanie’s] excellent customer service and your rate lock clinched my switch to your company”
- Michael Jacoby
Michael Jacoby
"NetSEA recommends Redmer to those looking for a company to exceed expectations over the long haul."
- Pete Schnabel

Pete Schnabel
"I also like that I have spoken to a real person whenever I had an inquiry"
- George Mussini
George Mussini
“This company is not just nice to get your business but they come through when you really need them.”
- Lisa Crowe
Lisa Crowe
I want to publicly thank Stephanie Farley for making our change over with her company very smooth, she is a true professional. Everyone who needs insurance should deal with her.
- Mark Zinn
Mark Zinn
"I am very happy and pleased with the service that i received from Stephanie at Redmer, as speaking with her on the phone she made us feel like family and offered very good quotes"
- Jacqueline Shupe
Jacqueline Shupe
"Debra is extremely patient and helps guide us in the right direction"
- Kristyn Oliphant
Kristyn Oliphant
"Troy is reliable and honest and I would highly recommend him as your insurance agent."
- Michael Short
"They were more concerned with my well-being than how much a rental would cost them."
- Elizabeth Stamas
Elizabeth Stamas
"Debra is very responsive and extremely knowledgeable."
-Kristyn Oliphant
Kristyn Oliphant
"Debra answers all of my questions no matter how silly they seem to be."
-Elizabeth Stamas
Elizabeth Stamas
"Thank you Stephanie Fairley for putting together a broader insurance package for Home and Auto coverage at a much better price than I’ve been paying for years."
- Brian Britcher
Brian Britcher
"Redmer Insurance Group treats us like valued customers, not just another client account."
- Kristyn Oliphant
Kristyn Oliphant
"I’m always able to get into contact quickly with someone."
- Elizabeth Stamas
Elizabeth Stamas
"We can not thank her enough for going above and beyond and meeting our expectations."
- Jacqueline Shupe
Jacqueline Shupe