Save on Alabama Builders Risk Insurance

If you are looking for an insurance agency that has the expertise to handle Builders Risk Insurance from a single family home to a multimillion dollar commercial complex look no further than Barbee Jackson Insurance. Our team has extensive training in handling any size construction project. 

We work with the leading insurance companies to get our clients the coverage they need at the best rate. Call today to get started (850) 389-2001

What is Builders Risk Insurance?

Builders Risk is an insurance product designed to provide coverage for the structure during the course of construction or renovation. The policy can be written for single family homes or commercial projects. Not only is the structure insured, but also coverage is provided for these items.

  • Back-up or overflow of drains, sewer or sumps
  • Debris Removal
  • Fire Department Service Charge
  • Pollution Cleanup 
  • Scaffolding Re-erection
  • Property at Temporary Storage
  • Property in Transit

Optional Insurance Coverages

  • Earthquake 
  • Flood
  • Wind
  • Soft Costs
    • Promotion and Advertising Expense
    • Interest on Loan
    • Fees…Real Estate, Engineering and Consultant
    • Insurance Premium
    • Legal and Accounting Fees
    • Licenses and Permit Fees
    • Fees and/or Commissions for Renegotiation of Lease


What do we need to get you an Alabama Builders Risk Insurance Quote?

All quotes are done online at the agency and we use a wide number of insurance companies to find you the best price with the best coverage options. Most quotes take less than 10 minutes for residential homes. 

Commercial projects, depending on the size of the construction project, will take 24 hours. In order to get you a quote we will need the following information.

  1. Project Address
  2. Mailing Address
  3. Coverage Period - 3 months, 6, month, 9 months, 12 months or 18 months
  4. Construction Start Date
  5. General Contractor Name and License Number
  6. Type of Project
  7. Heated and Cooled Square Footage
  8. Number of Stories
  9. Construction Type (e.g. wood frame, steel frame, joint masonry, etc.)
  10. Roof Type (e.g. shingle, flat, etc.)

How much does Builder's Risk Insurance cost in Alabama?

Insurance rates start as low as $399 and increase based on the length of time you need the policy, coverage amount, type of project and location.

How much to Insurance the Structure for?

The most common question we get asked is how much should you insure the structure for? The best way to think about that is on the last day of the build the structure catches fire. How much does the insurance company need to write you a check for to make you whole?

Another common method is what the loan amount is for on the build. When doing this method it is important to realize that you most likely had to put money down before the bank loaned you money. When doing this method you want to take the loan amount plus the money you had to put down on the loan. 

Another thing to consider is any increase in building costs. You want to make sure if something happened to the structure you have enough insurance to rebuild.

Still have questions? Why have answers! Go to one of our Blog links below

Why Homeowners Policies Aren't Enough for Home Building and Remodeling

Builders Risk vs. Course of Construction

How to Calculate Builders Risk Insurance Premiums 

Protect your Property with Barbee Jackson Insurance - Your Builders Risk Specialists

Barbee Jackson Insurance insures thousands of buildings under construction across the United States. We work with Developers, General Contractors, Investors and Property Owners to find them the right coverage at the best price. Call today to speak to an agent (850) 389-2001 

200+ ⭐⭐⭐⭐⭐ Google Reviews and Growing

Jeremy Gardner

Courtney was AWESOME! This was definitely the easiest and quickest company to ever get my insurance for my car business set up. Very friendly and Courtney got me everything i needed ASAP. Barbee Jackson has my business going forward..

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.

Bradley Hill

They have been handling my business insurance needs for 3 years now. I wish I would have started in business with them. Their customer service is awesome.