Construction delays are costly, but many can be mitigated with the right insurance coverage.
Top 5 Causes of Delays
- Severe weather — Storms, floods, and extreme temperatures can halt work and damage materials
- Theft and vandalism — Construction sites are targets for material theft and equipment vandalism
- Fire — Welding, electrical work, and combustible materials create fire risks
- Design changes — While not directly insurable, the financial impact of rework from covered damage can be
- Supply chain issues — Damage to delivered materials may require costly replacements
How Builder's Risk Insurance Helps
By covering the cost of damaged materials, equipment, and structures, builder's risk insurance helps you recover and get back on schedule without bearing the full financial burden.
Talk to BlackArrow about builder's risk coverage for your next project.
