Builders Risk Insurance in Texas (TX)
Explore course of construction coverage in Texas backed by Zurich, including covered perils, eligible projects, and how to secure a builders risk insurance quote today.
Explore course of construction coverage in Texas backed by Zurich, including covered perils, eligible projects, and how to secure a builders risk insurance quote today.
From the sprawling Western deserts to thrilling cities like Dallas, Texas’s coastal beauty and historic charm make it an unforgettable destination. Key landmarks across this eligible territory include the Alamo, Space Center Houston, Cadillac Ranch, the USS Lexington, Galveston Historic Seaport, National Museum of the Pacific War, and Big Bend National Park. Because our Zurich builders risk policy is available countrywide, course of construction projects from Amarillo to Houston 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 Texas?
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 $375 in Texas. You can get a formal builders risk insurance quote when you apply online today with no minimum volume or premium commitment. Additionally, the Texas 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 Texas?
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 Texas?
Whether in historic San Antonio or “keeping Austin weird,” nearly every individual or entity with a financial stake in a completed construction project is eligible to purchase a builders risk insurance policy throughout the Lone Star 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 Texas Builders Risk Insurance Quote
It’s fast and easy to obtain a builders risk insurance quote in every city of Texas. 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.
Texas 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.