As a builder you know that during construction, projects are subject to a wide variety of risks or damage. While under construction, a project could suffer from damages due to high winds, fire, or sabotage of some nature.
One principle of common law states that once there is any new construction or improvement to land, it automatically becomes the property of the title holder. This is why as a builder you need Builder’s Risk Insurance which will indemnify you against some of these losses. In particular, this coverage protects you or your organization’s insurable interests such as materials, equipment, and fixtures in the event of damage or loss during the course of construction.
Our agents PMA Insurance Services are experts when it comes to making sure you have the coverage you need for your building project. At PMA Insurance Inc., located in Chantilly, VA, we are available to serve customers throughout the Northern Virginia/ Washington DC Metropolitan area.
Our agents have access to more than thirty insurance carriers that can cover your insurance needs such as Travelers, Safeco, GMAC, Kemper, Dairyland, Hartford, Progressive, Allied, MetLife and many more. Contact us today to get a quote! You can call us at (703) 449-1327.