Call now (888) 973-0016 Call now to speak to a licensed agent (888) 973-0016 | Llamanos ahora! (888) 676-0923 Call (888) 869-2944 for 1 minute quote! Call (855) 340-1099 for 1 minute quote! Call (855) 340-1099 for 1 minute quote! Call (312) 878-2372 for 1 minute quote! Call (888) 838-3116 for 1 minute quote! | [email protected]

A Builder’s Risk Insurance policy won’t protect you properly if you don’t pay attention to a few things when you buy. Some things you should know are:

 

  1. It pays to speak to the experts
  2. Getting the cheapest policy is not a winning strategy
  3. The policy must be valued right
  4. You should know what you are covered for

 

Let’s talk about these in detail.

 

  1. Firstly, It pays to speak to the experts

 

A Builder’s Risk Insurance policy is a specialized form of insurance. It applies to certain types of building projects, and it is customized for your project’s needs.  An agent with expert knowledge of Builder’s Risk Insurance as well as the construction industry will make sure you get what you need.  You wouldn’t get medical advice from your plumber; speak to the experts for your insurance.

 

Why you should choose Farmer Brown Insurance?

 

Farmer Brown Insurance has been operating for more than 20 years. Our customers say it best with hundreds of 5 star reviews. We are experts in construction insurance and will write you a policy that is right for your business.

 

  1. Secondly, getting the cheapest policy is not always winning strategy

 

A Builder’s Risk Insurance policy is priced according to the coverage it provides.  This means that the cheapest policy in all likelihood will not give you the coverage your project needs. Each policy should be customized.

 

Why you should choose Farmer Brown Insurance?

 

Our agents will tailor your policy so it gives you the right coverage.  We will then shop around for you. We have access to a large network of A-rated carriers and will negotiate the best rates on your behalf.  You will get at least 3 quotes to compare, and these will be the lowest available rates for the right coverage.

 

  1. Third, the policy must be valued right

 

A Builder’s Risk Insurance Policy must be valued at 100% of the replacement cost of your completed building. This is not the market value of the property and does not include the cost of the land.  If you are underinsured you will not be able to claim for full replacement if a loss occurs.

 

Why you should choose Farmer Brown Insurance?

 

Our agents know the finer details of this insurance.  We will give you the correct advice.  When you value your project we advise you do so on the high side of your costs.  This will accommodate cost overruns you may incur in the building process.

 

  1. Finally, know what is in your policy

 

This insurance will have specific coverage and could have some exclusions.  You can tailor it to include what you need.  For example, some policies exclude coverage for flooding and wind damage if you are in a coastal or tornado state. If you need this coverage though, you can have it added as an endorsement to the policy.

 

Why you should choose Farmer Brown Insurance?

 

Our agents will talk you through your policy and make sure you know what is included or excluded.

 

Why you should get your Builder’s Risk Insurance Policy from Farmer Brown

 

In summary, our agents are experts and we know the construction industry.  We will customize your policy for your needs.  We will negotiate the best rates for your policy and make sure you get the lowest price for the right coverage.  Call Farmer Brown Insurance on (888) 973-0016 so you don’t get caught short with your insurance.

 

Pin It on Pinterest