Builder’s Risk Insurance

Protect Your New Property with Course of Construction Insurance in Hamilton

Builder's Risk Insurance Hamilton Acumen InsuranceA new building reflects an important investment for both individuals and companies. A new or renovated house brings you both added value and better living. A new office or store means increased revenue and new opportunities.

However, blanket property insurance doesn’t cover many of the risks that come with construction. That’s why Acumen Insurance provides builder’s risk, or course of construction insurance, for Hamilton residents and businesses.

What Is Builder’s Risk Insurance?

Builder’s risk protects the rising structure, the building materials that wait or arrive on-site, and the labor involved in the construction process. As the site becomes more valuable, so does the insurance coverage. With builders risk insurance, your building site stays protected at every stage of construction.

How Does Builder’s Risk Work?

As a no-fault insurance, builder’s risk covers damages regardless of who caused them, so long as the damages fall under the policy. Most policies cover damages from:

  • Theft
  • Fire
  • Vandalism
  • Extreme weather conditions, such as wind, lightning, and hail
  • Explosions
  • Vehicles or aircraft


In some areas, you can extend your policy to include earthquakes and floods.

Contractors or builders can hold a policy on a site, though it must be one or the other. You can choose a policy to last for three-, six-, or twelve-month intervals based on the expected time of construction.

How Can I Find the Right Coverage?Home Builders Insurance Construction Insurance Hamilton Acumen Insurance

Acumen Insurance will help you pick the appropriate coverage for your building project. As an independent broker, we have access to a variety of insurance plans. With our selection, so you can find the insurance that is right for you.

Protect your new building with course of construction insurance made for Hamilton. We know how to find the coverage that meets the varied requirements of different building projects. Let us help you design the insurance plan that is right for you. Call (905) 574-7000 to find out more information today.