Revolutionary builders risk insurance saves new construction costs
Real-World Examples and Statistics
According to industry reports, builders risk insurance can reduce construction-related losses by up to 20%1. This statistic underscores the importance of having a robust insurance policy in place. Additionally, a study by the National Association of Home Builders found that projects with comprehensive builders risk insurance experience fewer delays and cost overruns2. These findings highlight the financial and operational benefits of securing the right coverage.