A ‘Course of Construction’ or ‘Builder’s Risk’ policy provides coverage for the supplies and materials being used curing the construction of a dwelling.
A course of construction policy offers protection against risks that arise during the building of a dwelling. A ‘course of construction’ policy is also known as a ‘builders risk’ policy.
Builders insurance, know as a Builders Risk policy, offers coverage for the materials that are being used during the construction of a home.
Builders risks policies are rated based off of the specifics of the finished home.