1567 Spinnaker Dr
Ventura, CA 93001 US.
(855) 602-0222
Mon - Sat 8.00 - 5.00
Sunday CLOSED
Builders Risk Insurance
We are a large Insurance brokerage that specializes in Builders Risk Insurance and Course of Construction Insurance for Commercial and Residential Projects.
course of construction
Since course of construction insurance covers a number of parties, it can be obtained by the owner, contractor, engineer, or project manager.
The party responsible for obtaining COC may be specified in the construction contract itself. The owner and/ or general contractor typically obtains the policy, and are covered as “named insureds” who are protected from paying for losses out of their own pockets.
builders risk insurance
What does Builders Risk Insurance Pay for?
Builder's risk insurance covers the costs of repairing an unfinished structure or replacing building materials when weather, fire, vandalism, or theft hits a construction site.
new construction insurance
From the time materials are first delivered to a job site until the last nail is hammered, new home construction and new commercial development projects often encounter unexpected costs and delays. When your client is planning a residential or commercial course of construction project to build from the ground-up, ensuring they have a comprehensive new home or commercial property construction builders risk insurance policy is crucial to protect their interests from unforeseen losses.
Certified Insurance Brokers - Contracted with over 120 Insurance carriers
Who Needs Builder’s Risk Coverage?
Any person or company with a financial interest in the construction project needs builder’s risk insurance. Some common people you may want to include on your policy as insureds include the:
- Property owner
- General contractor
- Subcontractors
- Lender
- Architects
builders risk insurance
Builder’s risk insurance, also known as course of construction insurance, is a specialized type of property insurance that helps protect buildings under construction. It’s essential in helping protect construction projects, but can be complex and often misunderstood. However, having a properly structured builder’s risk insurance policy can be crucial. In fact, it will serve as the backbone of a successful risk management program.
What is Covered with a COC Policy?
If vandals break into your construction project and cause damage to the property and the supplies that were there, you won’t have to pay out of pocket to replace your materials.
A COC/ Builder’s Risk policy covers the project property, including the materials and supplies necessary to complete the project.
course of construction
Course of construction is a policy that truly protects against unforeseen accidents. The typical risks covered include:
- Fire
- Lightning
- Explosion
- Riot, vandalism and malicious acts
- Impact by aircraft or vehicles
- Windstorm, hail and rain
- Burglary and theft
- Collapse
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COMMERCIAL - BUILDERS RISK
RESIDENTIAL - BUILDERS RISK
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Commercial Insurance Brokers
We specialize in Commercial Insurance and operate with over 120 Insurance Carrier Appointments. Venture Casualty Insurance is here to Help!
Ryan Krupka
Leading the way in Construction Insurance
Commercial PROPERTY insurance
builders risk insurance
course of construction
about venture casualty
We know customers have many options when shopping for Insurance, We focus on customers Individual needs, and seek to not only create life long customers, but life long friends. Our goal is to help you understand how Insurance works, and develop a plan to insure that you are covered properly. We look forward to speaking with you and helping you with your insurance throughout your life.
Contact
Licensed in CA - AZ - NV - OR - MO - UT
855 602 0222
Sales@venturecasualty.com
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