Toronto Insurance Solutions - Produits
Builder's Risk Insurance “course of construction,”
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Builder’s Risk Insurance, also known as “course of construction” insurance, is designed to help protect against property loss during the construction or renovation of a building. This type of policy typically offers financial protection for physical damage to the structure while it's being built. Coverage may be available to both the owner of the building and the general contractor, depending on the policy and underwriting criteria. It helps address the potential risks associated with construction projects, such as accidental damage to the work in progress, materials, or temporary structures. Disclaimer: Coverage availability, terms, and limits vary by insurer and are subject to underwriting approval. This information is for general purposes only and does not constitute insurance advice. Please consult a licensed insurance broker in Ontario to determine the right coverage for your specific construction project.