Builders Risk Insurance
Course of construction coverage protecting buildings, materials, and equipment from ground-break to final inspection.
What is Builders Risk Insurance?
Builders Risk Insurance (often called "Course of Construction" coverage) is a specialized property insurance policy designed to protect structures and buildings while they are under construction or undergoing major renovation.
A standard commercial property policy generally excludes property undergoing construction. Builders Risk bridges that gap, covering materials, supplies, fixtures, and equipment stored at the job site, in transit, or at temporary storage facilities.
Whether you are a general contractor building ground-up commercial projects or a property owner building a custom home, Builders Risk provides financial protection until the certificate of occupancy is issued.
What Does Builders Risk Cover?
Comprehensive coverage for construction assets, materials, and delay costs
Structure Under Construction
Protects foundations, framing, walls, roofs, and installed fixtures against fire, windstorm, lightning, and vandalism.
On-Site Materials & Supplies
Covers lumber, steel, copper wiring, HVAC units, and building materials stored at the job site awaiting installation.
Materials in Transit
Protects valuable building components while being hauled to the job site or held in off-site temporary storage.
Soft Costs Coverage
Optional protection for extra loan interest, real estate taxes, architect/engineering fees, and legal costs due to covered delays.
Debris Removal
Pays for the cleanup and removal of damaged building materials and debris following a covered loss like a fire or collapse.
Scaffolding & Temporary Structures
Covers site fencing, scaffolding, temporary office trailers, and job site cribbing if damaged by a covered peril.
Why TrueGuard Insurance
The Independent Advantage
As an independent insurance agency based in Winston-Salem, NC, TrueGuard Insurance serves individuals, families, and businesses with personalized coverage and honest guidance — across multiple states and growing.
Independent Agency
We represent multiple A-rated carriers and shop the market on your behalf — so you get the best coverage at the most competitive rate, not just what one company offers.
15+ Years of Experience
Matt Nelson brings over 15 years of hands-on experience in commercial trucking, construction equipment, finance, and insurance — giving you guidance backed by real industry knowledge.
Local North Carolina Expertise
Based in Winston-Salem and serving clients throughout the Piedmont Triad and across North Carolina, we understand the unique risks and regulations that affect our region.
Personalized Solutions
No two clients are the same. We take the time to understand your specific situation and build a coverage program tailored to your needs — not a one-size-fits-all policy.
Claims Guidance & Support
When a claim happens, we're in your corner. We guide you through the process step by step so you're never left navigating a difficult situation alone.
Responsive Service
We prioritize fast turnaround on quotes, certificates of insurance, and policy changes. You shouldn't have to chase your agent — we stay ahead of your needs.
Specialized Programs
We offer access to specialized insurance programs for trucking, construction equipment, dealer programs, and more — markets that most standard agencies simply cannot access.
Ongoing Policy Reviews
Insurance needs change. We proactively review your policies to identify coverage gaps, eliminate unnecessary costs, and ensure your program keeps pace with your life and business.
Frequently Asked Questions
Ready to Protect Your Construction Project?
Get a custom Builders Risk insurance quote tailored to your job size and timeline.