Revolutionary builders risk insurance saves new construction costs

Cost-Saving Opportunities

The revolutionary aspect of modern builders risk insurance lies in its ability to offer tailored coverage options that can lead to substantial cost savings. By customizing your policy to include only the specific risks relevant to your project, you can avoid paying for unnecessary coverage. For instance, if your construction site is located in an area with a low risk of flooding, you can opt out of flood coverage, thereby reducing your premium costs. Moreover, many insurers now offer discounts for implementing safety measures and using sustainable construction practices, which can further lower your expenses.