Contractors, homebuilders, or property owners involved in upgrades, renovations, and expansions have invested significant resources in materials. Builder's risk insurance is needed to protect that investment from the risk of physical loss or damage. The materials on the job site will shift as the project advances; therefore, the builder's risk insurance needs to be flexible and tailored to meet the size and scope of the project.
At Penwell Insurance in Carmel, Indiana, we work closely with developers, builders, contractors, and others involved in the construction industry to reduce the risk of financial loss with a custom-tailored builder's risk insurance policy.
Structures under construction are exposed to various risks, including those brought by heavy weather, fire, theft, vandals, lightning, and a range of other hazards. Protecting against the heavy financial losses that can occur is one of the most critical parts of doing business.
Builder's risk insurance policies are custom-crafted to reflect the specific needs of the project, as well as the various materials, fixtures, and equipment used on the site. Nothing is more important than protecting your valuable assets in a building project, and our team of professional agents is prepared to help you find the policy that matches your needs, covering all items that are insurable.
Call us and let us discuss the builder's risk insurance you need. Because we are located in Carmel, you’ll be able to receive individual service from a local agent you can always reach. It is what you deserve for this vital aspect of doing business.
Penwell Insurance offers free, comparative quotes on Builders’ Risk Insurance from multiple insurance carriers so you can get the best possible rate.
Want to see how much we can save you? Just request a quote to find out.
September is Life Insurance Awareness Month.
It’s the perfect time to remind ourselves to plan ahead for the ones we love.