New Construction Insurance
Safeguard your property and investment during the construction process.
New Construction Insurance for Landlords
When building a new property, it’s crucial to have the appropriate insurance coverage, irrespective of the General Contractors’ coverage. At Cabana Insurance, we offer a Builder’s Risk policy that can help safeguard your property and investment during the construction process.
To get started, submit your property information through our landlord insurance form, and receive a custom proposal tailored to your specific needs. We will contact you to discuss the insurance options and assist you in selecting the best coverage for your specific requirements.
So, if you’re building a new property, don’t hesitate to request a proposal today and secure the right insurance coverage with our Builder’s Risk policy!
What does New Construction
Insurance cover?
If you are constructing a new property, it is essential to have adequate insurance coverage for the project, irrespective of the General Contractors’ insurance.
When constructing a new property, Builder’s Risk coverage provides protection against various direct physical damages such as fire, lightning, windstorm and hail, riot or civil commotion, vandalism, and more.
Liability Insurance for
new construction
During the construction process, liability coverage is necessary to protect you, the owner, from claims. As soon as the ground is broken, your liability exposure changes, and it is vital to switch to a New Construction liability policy. Liability claims examples may include accidental injury, wrongful death, medical expenses, and defense costs if someone gets hurt on the property.
Please note that liability coverage does not apply to general contractors or anyone hired to be on site. If you want to learn more about General Contractors Liability or Products & Completed Ops policies, contact us.
