Builders Risk Insurance in Florida (FL)
Explore course of construction coverage in Florida backed by Zurich, including covered perils, eligible projects, and how to secure a builders risk insurance quote today.
Explore course of construction coverage in Florida backed by Zurich, including covered perils, eligible projects, and how to secure a builders risk insurance quote today.
From vibrant cities like Miami and Jacksonville (US Assure’s home base) to the natural wonders of the Everglades and the Florida Keys, Florida offers a perfect blend of rich history and diverse landscapes. Key landmarks across the state include the John F. Kennedy Space Center, Castillo de San Marcos National Monument, Southernmost Point of the Continental U.S., Universal Orlando Resort and Walt Disney World. Because our Zurich builders risk policy is available countrywide, course of construction projects from Tallahassee to Fort Lauderdale can be secured by nearly any licensed property and casualty insurance agent for homeowners, contractors and more.
What is builders risk insurance?
Builders risk insurance (also called course of construction insurance) protects a person's or organization's insurable interest in materials, fixtures and / or equipment to be installed during the construction or renovation of a building or structure should those items sustain physical loss or damage from a covered cause.
How much does builders risk insurance cost in Florida?
A few factors have the greatest impact on cost, including:
Bearing all these factors in mind, the minimum premium for the Builders Risk Plan insured by Zurich starts at $400 in Florida. You can get a formal builders risk insurance quote when you apply online today with no minimum volume or premium commitment. Additionally, the Florida rate pages and a premium estimate calculator may be available for registered producers based on the project type.
What builders risk coverages are available in Florida?
Policies with the Builders Risk Plan insured by Zurich are broad in scope, so unless a peril or risk is specifically excluded, it’s likely covered. Some standard coverages include:
Optional coverages are also available to help tailor protection for commercial and personal lines clients. Some coverages include:
*For commercial projects only
Who is eligible for builders risk coverage in Florida?
Whether in a bustling city like Miami or the beautiful coastal landscapes and wetlands, nearly every individual or entity with a financial stake in a completed construction project is eligible to purchase a builders risk insurance policy across the Sunshine State — including contractors, business owners, homeowners, property investors, and financial institutions, all of whom can benefit from the protection offered by builders risk insurance.
Eligible residential clients include:
Eligible commercial clients include:
How to Get a Florida Builders Risk Insurance Quote
It’s fast and easy to obtain a builders risk insurance quote in every city of Florida. You can start an application online for residential and commercial course of construction projects valued up to $75 million. Projects valued under $5 million require little-to-no human intervention.
Create your online account in minutes, then log into our online policy issuance platform to get a quote today.
Use our application checklist to gather basic client information before you complete the online application.
Florida Cities with Builders Risk Insurance Include:
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Learn what basic information you’ll need to gather before submitting an application online.
Explore scope of coverage, underwriting considerations, project eligibility and more to get you started.