Institute of Builders Risk Insurance

The Institute of Builders Risk Insurance focuses on protecting construction projects against risks such as damage, theft, or loss during the building process. This specialized insurance covers structures while they are being built, ensuring that contractors, property owners, and investors are financially safeguarded against unforeseen events. It typically covers costs to repair or replace damaged materials, tools, and equipment, as well as losses due to delays in project completion. This type of insurance helps ensure that construction projects can continue with financial security, promoting confidence and stability in the construction industry.