A building under construction requires a special form which covers the unique loss exposures of buildings under construction, a Builders Risk Policy.
Builders Risk Insurance
Until it is complete, it is not a building or a House, therefore it can not be covered under a standard Building Insurance Policy or a Home Insurance Policy, it needs to be insured under a Builders Risk Insurance Policy.
In fact most Building Insurance or Home Insurance Policies will EXCLUDE structures under the course of construction and either cancel insurance coverage or deny a claim if it not insured under a Builders Risk Policy.
Typically, Coverage increases automatically as the construction progresses, and is terminated upon completion. Builder's Risk Insurance should be replaced with permanent insurance once the building is ready for occupancy.
Our company will help you to get a Builders Risk Insurance, our dedicated team negotiates with insurance companies to get you the best coverage at the lowest cost.
What is A Builders Risk Insurance Policy?
Provides coverage for homes or buildings while undergoing construction. It covers the property owners' or contractors' interest in materials at the job site before they are installed, construction materials in transit designated for the renovation, remodel or construction and the value of the property being constructed until it is completed. The policy may be written to cover the whole building, house or structure for new construction or the cost of Remodeling or Renovation projects. It can also be used to cover specific projects such as a new porch, additional room, new kitchen or bathroom.
Our Policy provides coverage for all parties involved in construction projects, including owners, developers, general contractors, subcontractors, and financial institutions across the United States.
v Ability to cover large projects
v Capacity to offer Frame Construction
v Scaffolding and Construction Forms coverage included
v Pollutant Clean Up and Removal coverage included
v In Transit coverage included
Call us for a free apointment.
Builders Risk Insurance
Until it is complete, it is not a building or a House, therefore it can not be covered under a standard Building Insurance Policy or a Home Insurance Policy, it needs to be insured under a Builders Risk Insurance Policy.
In fact most Building Insurance or Home Insurance Policies will EXCLUDE structures under the course of construction and either cancel insurance coverage or deny a claim if it not insured under a Builders Risk Policy.
Typically, Coverage increases automatically as the construction progresses, and is terminated upon completion. Builder's Risk Insurance should be replaced with permanent insurance once the building is ready for occupancy.
Our company will help you to get a Builders Risk Insurance, our dedicated team negotiates with insurance companies to get you the best coverage at the lowest cost.
What is A Builders Risk Insurance Policy?
Provides coverage for homes or buildings while undergoing construction. It covers the property owners' or contractors' interest in materials at the job site before they are installed, construction materials in transit designated for the renovation, remodel or construction and the value of the property being constructed until it is completed. The policy may be written to cover the whole building, house or structure for new construction or the cost of Remodeling or Renovation projects. It can also be used to cover specific projects such as a new porch, additional room, new kitchen or bathroom.
Our Policy provides coverage for all parties involved in construction projects, including owners, developers, general contractors, subcontractors, and financial institutions across the United States.
v Ability to cover large projects
v Capacity to offer Frame Construction
v Scaffolding and Construction Forms coverage included
v Pollutant Clean Up and Removal coverage included
v In Transit coverage included
Call us for a free apointment.
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JUNY PROFESSIONAL SERVICES
8400 KENNEDY BOULEVARD
NORTH BERGEN, NJ 07047
(201) 624-8010
8400 KENNEDY BOULEVARD
NORTH BERGEN, NJ 07047
(201) 624-8010
OFFICE HOURS:
Monday - Friday: 9:00 AM - 5:00 PM
Saturday: Closed
Sunday: Closed
Monday - Friday: 9:00 AM - 5:00 PM
Saturday: Closed
Sunday: Closed
