Builder's Risk

For many successful practice owners, there comes a time when you outgrow your current facility. As your business expands you may be faced with the option of either building a new facility or expanding your existing location. Whether you choose to build from the ground up or renovate, a builders risk insurance policy is essential to protect your financial interests during the course of construction. PLIT-sponsored builders risk coverage meets the needs of a wide range of projects from multi-million dollar new construction to cosmetic remodeling of existing buildings. Builders risk protects your project from start to finish, so your building materials and other property are covered from the time they are delivered to the job site until the structure is completed and can be covered under permanent property insurance coverage. The PLIT-sponsored policy also provides coverage for theft of building materials, materials in transit or at temporary locations, certain landscaping, and much more.  The PLIT understands that you have a business to run, so we provide you peace of mind knowing that your job site is insured by leading insurance companies. Plus, your builders risk policy is backed by a dedicated claims team that is committed to getting your project back underway as soon as possible in the event of a covered loss.