Builders Risk Insurance in Washington

Obtaining Builders Risk Insurance Washington State

builders risk insurance washington state

Obtaining builders risk insurance in Washington state is a relatively simple process. Having a thorough understanding of industry risks is important. Builders risk insurance covers a wide range of risks, including property on the construction site, offsite and in transit. These policies are also available on a completed value or reporting form basis, in which the limit of insurance is determined by the estimated finished value of the project. Read on to learn more about the benefits of Washington builders risk insurance.

Exclusions from builders risk insurance

A builder’s risk insurance policy will cover accidental damage to a building. These policies can be either all-risk or named peril. The burden of proof for each differs, but in general, an all-risk policy requires the insured to establish a prima facie case of damage before the insurer will agree to pay. On the other hand, a named-peril policy requires the insured to show the insurer’s exclusion before the insurer will agree to pay.


If you are building a new home in Washington state, you should think about purchasing a builders risk insurance policy. These policies can help protect you from costly repairs and even liability issues. The costs of this type of insurance depend on the location of your home, as well as proximity to fire stations. Wildfires are particularly common in Washington and California, while coastal areas are more prone to storms, hurricanes, and tornadoes. Tornado Alley includes Kansas, Texas, Mississippi, and Alabama, and these factors are important to consider when deciding how much to spend on builders risk insurance in Washington State.

Policy options

There are several policy options for builders risk insurance in Washington State. The policy coverage available for your particular project depends on your needs. Most builders risk policies will cover your standard expenses but they may also include additional coverage options such as debris cleanup, labor expenses, and pollutant removal. The specific type of coverage you need depends on the size of your project and the type of construction materials you plan to use. In some cases, you may need a different policy entirely to address a particular issue.


The benefits of Chubb builders risk insurance Washington State include protection for the building itself, the outbuildings, and other structures on the property. Typical coverage includes damage from fire, smoke, theft, vandalism, and bad weather. In addition, coverage extends to the detached garage and fence, and can include water damage. This makes Chubb’s insurance a good choice for contractors. It is important to note, however, that it does not cover earthquake losses.

Liberty Mutual

A Liberty Mutual builders risk insurance policy may be the best option for you if you are planning to do a large construction project. Depending on your requirements, the policy may cover the cost of replacing your car if it is totaled in an accident. The policy may even provide for accident forgiveness and new or better car replacement, as long as you have less than fifteen thousand miles on the vehicle. It may also include roadside assistance and replacement of original parts. Some Liberty Mutual policies offer discounts for teachers and people traveling to Mexico.

State Farm

Building projects can be complex, and if you’re not insured, you may be liable for losses. State Farm builders risk insurance Washington state policies include general liability, property damage, and business interruption. However, you must remember that this is not a contract; it is a statement of risk, and the coverage may not be available to all businesses. Moreover, insurance coverage for building projects may vary by state. You may also need to check your policy terms, endorsements, and limitations.

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