Providing Insurance for your Renovation Project

If you are renovating a home or commercial property then we want to work with you to secure the right coverage to protect your project. Renovation Insurance falls under a Builders Risk policy, the only difference being the scope of the work. Building an entirely new home instead? See our New Construction coverage.

At Barbee Jackson Insurance we work with several different types of individuals and businesses from homeowners looking for a remodel, house flippers to contractors looking for the right coverage. We have partnered with the largest insurance companies to find our clients the best price without sacrificing coverage. Experience the difference today by calling (850) 389-2001 (Spanish speaking associates are available)

Kristie Jones ⭐⭐⭐⭐⭐ “Great experience all the way around. Rose was wonderful to work with. She made obtaining my new policy a quick and seamless process start to finish.”

Program Highlights and What’s Covered
Renovation projects are covered under a Builders Risk policy. Most insurance companies will require that the renovation cost be at least 50% of the value of the building. For example: If the building is valued at $300,000, the renovation cost including labor must be $150,000 ($300,000*.50 = $150,000)

☑️Building - Coverage for existing building written at Actual Cash Value (ACV) - Optional coverage, but highly recommended
☑️Renovation - Coverage for the renovation including labor cost
☑️Material Theft - Coverage for materials stored on site
☑️Optional Coverage - Windstorm, flood and earthquake is available as an additional endorsement to the policy
☑️Deductibles - Choose from deductibles starting at $500
☑️Fast Certificate of Insurance (COI) - All our COI are issued within 5 minutes of request during normal business hours 

Who Needs Coverage

Many people think that a normal home insurance policy will cover damage to remodels. This is true for minor remodels such as new tile, paint and hardware, but what if you are moving a load bearing wall or adding an addition? This would not be covered under a home insurance policy. Any damage to the renovation or theft of building material is excluded. Also, homeowners policies require you to be a resident of the home, many renovation projects are investments or flips and the owner will never occupy the home. This is where Builders Risk Renovation Policy steps in to protect what a normal homeowner policy does not when it comes to a remodel.

Homeowners doing additions and remodels
Lenders may require a policy be put into place prior to any draws

Maria Berrios-Pizarro⭐⭐⭐⭐⭐ “Rose was very attentive from the very beginning. She spent time over the phone with me to ensure everything was correctly done, she answered all my emails in a prompt fashion with details as to not only answer my question but set my mind at ease. But most of all she showed care, which makes a difference. Keep up the great work! May the Lord Jesus Christ bless you!”

Barbee Jackson Insurance is here to answer all your questions and get you the coverage options that best fit your project. From small remodels and additions to large scale projects we have you covered. Call today (850) 389-2001 or fill out the form below and one of our agents will call you.