Builders Risk / Renovation

If you’re renovating or building room additions on your home, builder’s risk insurance helps cover the costs of the fixtures, materials and equipment that are being used in the renovations, as long as they are damaged as the result of a covered event.

Builder’s and renovation insurance policies, sometimes referred to as “course of construction” insurance, are a specialized type of property insurance typically written to cover damage from specific perils, such as theft, fire, vandalism and hail.

However, the policy can be written as an all-risk policy, which covers a broad range of perils.

Contact Generazio Associates at (973) 429-8100 to discuss how we can help with your personal insurance coverage requirements.