Builders Risk in South Carolina


What is Builders Risk Insurance?
Who needs it?
Who should be the Named Insured?
How much does it Cost?
What is Builders Risk Insurance?

Builders Risk Insurance, also known as Course of Construction Insurance, is a policy designed by the insurance industry to cover residential or commercial structures during construction or renovation. These policies can be purchased for durations as short as three months, extending up to 18 months or even longer for large commercial properties.

Builders Risk Insurance offers coverage against losses caused by events such as fire, theft of building materials, windstorms, lightning, and other unforeseen circumstances. Similar to home or commercial insurance, Builders Risk policies have a standard deductible, and all claims are settled based on the Actual Cash Value.

It is important to note that Builders Risk Insurance does not include Personal Liability coverage. Typically, insurance policies provide liability coverage to protect against financial losses in case of incidents like slip and falls, with limits from $100,000 to $1 million. For this type of coverage, there is a standalone option known as Premise Liability Insurance.

Premise Liability Insurance provides coverage against slip and fall incidents and typically costs around $465 per year for $1 million in coverage. It's important to understand that Premise Liability Insurance does not cover injuries to workers on the job site; this falls under the contractors' Workers Compensation Insurance.

Are you a builder or developer in South Carolina looking for comprehensive Builders Risk Insurance? Look no further!

At Barbee Jackson Insurance, we are your trusted partner when it comes to protecting your construction projects. As an independent insurance agent, we have the expertise to present your project to multiple insurance companies, ensuring you receive the right coverage at the most competitive price.

Barbee Jackson Insurance
Why Choose Us:
Nationally Recognized Leadership: Our expertise in Builders Risk Insurance is nationally recognized, giving you confidence in our abilities.
Tailored Coverage Solutions: We understand that every project is unique. That's why we offer customized coverage solutions to meet your specific needs.
Efficient Claims Processing: In the unfortunate event of a claim, our team is dedicated to ensuring a seamless and efficient process to get you back on track.
Exceptional Client Support: Your satisfaction is our priority. Our team is always here to provide you with the support and guidance you need.
Don't leave the success of your construction project to chance. Partner with Barbee Jackson Insurance and experience the peace of mind that comes with knowing you're protected by the best in the business.
Contact us today (850) 389-2001 to discuss your Builders Risk Insurance needs and let us tailor a solution just for you.

Who needs it?

Builders Risk Insurance can be purchased for both new construction projects and renovations. The policy can be acquired by anyone with an insurable interest, ranging from homeowners to contractors.

Who should be the Named Insured?

We believe that the Named Insured on the policy should align with the individual or entity holding the financial interest, typically the building owner. While some General Contractors may purchase Builders Risk policies, there is a risk that if the GC and property owner part ways, the policy may remain in the GC's name, even if they are no longer involved in the project.

Furthermore, in the event of a separation between the building owner and the General Contractor, and if the policy is still under the GC's name, the building owner may encounter difficulties when seeking an alternative Builders Risk policy. Specialized insurance providers for Builders Risk Insurance often impose a strict rule that the structure cannot be more than 30% complete.

How much does Builders Risk Insurance Cost?

The cost of Builders Risk Insurance can vary significantly, ranging from as low as $375 to several thousand dollars, depending on factors such as the size, location, and type of construction. Our agents will work to match you with the insurance company that best suits your project and offers the most competitive pricing.

Barbee Jackson Insurance: Your Bridge to Success in South Carolina

Selecting Barbee Jackson Insurance for your Builders Risk Insurance needs is the right decision. Our ability to obtain multiple quotes from leading insurance companies not only saves you time but also money. With our tailored solutions and exceptional customer service, we are the ultimate choice for safeguarding your construction projects in South Carolina. Call us today at (850) 389-2001.

230+ ⭐⭐⭐⭐⭐ Google Reviews and Growing!


Great insurance company to work with for Builders Risk Policy. Made the whole process seamless. Pricing was also better than all the other competitors I got quotes from. I truly enjoyed working with them. Especially Courtney❤❤

Jy Childers

Absolutely amazing customer service and work by everyone at this location! Dana assisted me with my insurance, she made it quick and effortless to obtain insurance. I highly recommend Barbee Jackson Insurance. I will certainly use them again in the future.

Ricardo Leo

Hi Jennifer, I wanted to take this time to show and share my sincere appreciation for providing exceptional customer service.
I've been with Barbee Jackson for many years and I can truly say when it comes to Dealerships Insurance, they are by far the best!!!

Always helpful, courtesy and willingness to go the extra mile to help.

I will never forget when I started my Dealerships how Barbee Jackson staff walked me through the entire process and made me feel 💯 secure in my decision .

Thank you Jennifer and the Barbee Jackson Team!!!