Construction and renovation projects represent significant investments that face unique risks during the building process. Standard property policies aren’t designed to cover buildings under construction, leaving dangerous exposure to theft, vandalism, weather damage, and other losses. With Actsphere’s builders risk insurance solutions, your construction projects stay protected from foundation to finishing touches. We compare options from several carriers to find perfect coverage at exceptional prices—all through one trusted insurance company that treats you like family.

Critical Builder’s Risk Insurance Mistakes That Could Derail Your Project—And How Actsphere Protects You

Most construction projects face significant insurance gaps without proper builder’s risk coverage. At Actsphere Insurance Group, we help you avoid these potentially devastating errors.

Relying on Homeowners Insurance During Construction

Standard homeowners policies provide limited or no coverage for major renovations and new construction. Without builder’s risk, a fire, theft, or storm during construction could cause catastrophic financial loss.

Underestimating Project Replacement Costs

Many projects are insured only for initial budgets without considering material price increases, change orders, or design modifications. After a major loss, this gap could delay or prevent project completion.

Insufficient Coverage Period

Builder’s risk policies must span the entire project timeline with flexibility for delays. Inadequate policy terms can leave projects exposed at critical stages.

Missing Soft Costs and Delay Coverage

Beyond physical damage, construction losses can trigger additional expenses like extended financing, lost rental income, and permit reapplication fees. These costs require specific endorsements many policies lack.

What Our Actsphere Family Says

We’re proud to protect families, businesses, and employee wellness teams across the country. Our client stories show our commitment, honesty, and real results.

What Makes Actsphere Builder’s Risk Insurance Different?

Actsphere Builder’s Risk Insurance

Access to top-rated insurance carriers for optimal coverage
Specialized policies designed specifically for construction projects
Complete protection analysis for your specific project scope
Local agents who understand construction risks and regulations
Dedicated team supporting all your insurance needs
Multiple policy options for projects of all sizes

Other Insurance Companies

Limited to one carrier's products only
One-size-fits-all policies regardless of project type
Minimal understanding of construction-specific risks
Call centers in other states or countries
Impersonal customer service
Limited policy customization options

Why Builders Choose Actsphere for Builder’s Risk Insurance

Since 2015, we’ve protected construction projects through storms, theft, vandalism, and unexpected building challenges. Learn more about our insurance agency.

Best rates from several insurance carriers
Agents who understand construction timelines and processes
Local experts who know building codes and weather risks
Always human, always here when you need us
Policy adjustments handled promptly as projects evolve

Complete Builder’s Risk Insurance Solutions From Actsphere

Essential Construction Protection
Your projects need specialized coverage throughout the building process. As your property insurance partner, Actsphere designs builder’s risk policies tailored to your specific project scope and timeline.

Core Builder’s Risk Coverage

Project Structure Protection - Safeguard Your Investment
Weather Damage Protection
Theft and Vandalism Coverage - Site Security

Additional Construction Coverage Options

Soft Costs Coverage - Protection for indirect expenses
Delay in Completion - Lost income protection
Extended Policy Terms - Coverage for project delays

Specialty Project Solutions

New Home Construction - For custom home builds
Major Renovation Coverage - For substantial remodels
Commercial Construction - For business buildings

How to Get Builders Risk Insurance Through Actsphere

1

Free Project Insurance Consultation

Share your construction plans and timeline. We listen and identify the right protection approach for your specific project.

2

Multiple Quote Comparison

We evaluate options from top carriers and work to maximize your protection while minimizing costs.

3

Ongoing Construction Support

As your project progresses, encounters changes, or experiences delays, we’re always just a call or text away.

Project Changes? Your Actsphere Family Is Here

Construction Milestones

Breaking ground
Framing completion
Enclosure phase
Systems installation
Final touches

Project Adjustments

Design changes
Budget increases
Timeline extensions
Contractor changes
Material upgrades

Construction Challenges

Weather delays
Material delivery issues
Permitting changes
Inspection requirements

Call Actsphere when your project evolves — We’ll adjust your coverage promptly. That’s what family does.

Find the Right Builder’s Risk Insurance with Actsphere

We Make It Easy

Analyze your project for specific risk exposures
Compare options from several carriers for the best rates
Assist with proof of insurance for lenders and municipalities
Coordinate coverage with other project insurance
Set up convenient payment options

How Fast?

Initial Consultation - Same day in most cases
Quote Delivery - Same day
Policy Binding - Same day
Documentation - All electronic for convenience

Frequently Asked Questions

What exactly does builder's risk insurance cover?

Builder’s risk insurance primarily covers physical damage to a structure during construction, renovation, or remodeling. This includes damage from fire, lightning, wind, hail, theft, vandalism, and many other perils. It typically covers the structure itself, materials on-site waiting to be installed, materials in transit to the site, and temporary structures. Optional coverages can include soft costs, delay expenses, and testing. The policy is designed specifically for the unique exposures of buildings under construction.

Who should purchase builder's risk insurance?

The policy can be purchased by any party with an insurable interest in the project: property owners, general contractors, or developers. For residential projects, homeowners undertaking major renovations or building custom homes should secure coverage. For commercial projects, either the property owner or the general contractor typically secures the policy, with other stakeholders listed as additional insureds. The construction contract should specify who is responsible for obtaining this coverage.

When should builder's risk coverage begin and end?

Coverage should begin before any construction activities start on the site, including material deliveries. It typically ends when the project is completed and ready for its intended use or occupancy. Many policies include provisions for extending the term if the project faces delays. Having coverage in place before breaking ground ensures protection throughout the entire construction process, from foundation to finishing touches.

Does builder's risk cover theft of tools and equipment?

Basic builder’s risk policies typically cover building materials and fixtures waiting to be installed, but contractor tools and equipment usually require separate coverage. Some policies offer limited tool coverage or can be endorsed to include them. For significant equipment, contractors should maintain separate contractor’s equipment or inland marine policies. We can help coordinate these coverages to ensure no gaps exist in your protection.

What happens if the construction project goes beyond the policy period?

Most builder’s risk policies can be extended if the project experiences delays, though extensions typically require underwriting approval and additional premium. It’s crucial to notify your agent well before the expiration date to ensure continuous coverage. Some policies include automatic extension provisions, while others require formal endorsements. We help monitor your project timeline to ensure your coverage remains active until completion.

Is flood coverage included in builder's risk policies?

Flood damage is typically excluded from standard builder’s risk policies, similar to other property insurance. However, flood coverage can often be added through endorsements or separate policies, particularly important for projects in flood-prone areas or near water. Projects in designated flood zones may require specific documentation and mitigation measures. We can help secure appropriate flood protection based on your project’s specific location and risk profile.

How does builder's risk work for renovation projects on existing structures?

Renovation projects present unique challenges because they involve both existing structures and new construction. Builder’s risk for renovations can be structured in two ways:

As an endorsement to the existing property policy
As a stand-alone policy covering both the existing structure and new work. The appropriate approach depends on project scope, the existing property policy, and carrier options. We’ll help determine the most effective coverage structure for your specific renovation project.

What happens to the builder's risk policy when construction is completed?

Builder’s risk is specifically designed as temporary coverage during construction. Once the project is completed, you’ll need to transition to permanent property insurance:

For residential projects: Homeowners or dwelling fire insurance
For commercial projects: Commercial property insurance
For investment properties: Landlord or commercial property coverage. We coordinate this transition to ensure no coverage gaps occur between completion and permanent occupancy.

Actsphere Protects Construction Projects in These States

Our team helps builders and property owners secure their projects across these great states. See builder’s risk insurance options by state:



TEXAS



PENNSYLVANIA



MICHIGAN



OHIO

Each state has unique building codes, weather risks, and construction regulations. Our insurance experts know them all.

Actsphere Insurance Blog

Get practical tips for protecting your construction projects. Check out our insurance blog for builder’s risk information, construction risk management, and project protection strategies.

The Advantages of an Independent Insurance Agency over a Captive ...

October 9, 2023

Introduction When it comes to purchasing insurance, individuals and businesses often have two main options: independent insurance agencies, such as ...

Why Do Insurance Premiums Go Up Even If You Have No Claims?

September 29, 2023

Introduction Insurance is a financial safety net that provides peace of mind, protecting us from unexpected and costly events. However, ...

Protecting Your Business: Commercial Insurance Solutions

September 12, 2023

Starting and running a business a business in Texas is a rewarding endeavor, but it comes with its share of ...

Ready to Protect Your Construction Project?

Important: Secure coverage before breaking ground. Don’t start construction without protection.

Visit Our Office



3129 Kingsley Dr., Suite 1910 Pearland, TX, 77584

When We’re Here



Weekdays: 8:30 AM – 6:00 PM,
Monday – Thursday,
Friday – 8:30-5:00 PM



Claims Emergency: 24/7
(Note: You can always contact insurance claims department)

Three Ways to Start



(832)-956-1033 – Talk to a Licensed Insurance team member now



Same number for quick questions



sales@actsphereins.com – Get quotes today

Contact Actsphere Insurance

Call, text, or stop by anytime. Real people, real help, really fast.

“Stewardship is our policy” – Since 2015, Actsphere Insurance Group has been a trusted insurance company, protecting businesses and families with access to several carriers. One company, complete coverage, unbeatable service.