Construction insurance in Tallahassee is valuable to have, in a city with nearly 100 development projects underway. Tallahassee has, per capita, the fastest growing economy in Florida and private development is one of its key drivers. Builder’s Risk insurance will give you coverage for many loss events that could happen on a project. This means you can protect your income and profit, and make the most from the boom. Let’s talk about what Builder’s Risk coverage is and how you can get yours.
What Coverage Does Builder’s Risk Insurance Provide?
Your Builder’s Risk policy is customized to your requirements, so you select the coverage that you need. Some examples of the items you can include are:
- Theft of tools and equipment
- Vandalism resulting in damage on site
- Adverse weather events
- Damage to equipment occurring at off-site storage or in transporting to site
- Damage to the building or structure during construction
- Removal of debris from site in the event of an accident
- Clean-up of the site from contamination or pollution
- Soft costs, like architect and engineer fees
- Protection of profit
- Loss from delays due to Planning Ordinance changes
This is not an exhaustive list, and not all the things on this list will be needed for your project. You will get guidance on what to include when you buy your policy from the industry expert Farmer Brown Insurance.
Why Have Builder’s Risk Insurance in Tallahassee?
The risks you face on a project are normally of low probability. But if they do occur you will suffer a loss. You transfer this risk to your policy provider when you buy your Builder’s Risk insurance. This gives you peace of mind, and it protects you from financial loss in the event of an incident.
Many clients insist that you have Builder’s Risk insurance when you work on their projects. This gives them assurance that you can be accountable for incidents that may occur. Even if Builder’s Risk insurance in Tallahassee is not a requirement, it demonstrates your professionalism. That could give you an advantage over competitors.
Where To Get Your Builder’s Risk
Your policy should be customized to your project and give you the right coverage. It is advisable to speak to an expert to properly consider the risks you face. At Farmer Brown Insurance we have the knowledge, expertise and experience to recommend the right coverage. The best insurance in Tallahassee is tailor made to your requirements.
An advantage of using Farmer Brown Insurance is you will be given at least three policies to choose from. We have access to many companies, both national and regional, and can give you more choices than a local agent. This means more options and better value for you.
How To Get Your Builder’s Risk Policy
Speak to one of our knowledgeable professionals at Farmer Brown to get your free no-obligation quotes. Our turnaround time is excellent so you will not have to wait long.
As a professional builder, contractor or developer, insurance in Tallahassee could put you ahead of your competitors. Speak to us for your Builder’s Risk insurance. Call Farmer Brown Insurance on (888) 973-0016 and be ready for the opportunities out there.