When embarking on a construction project, you're not just building structures but making dreams, investments, and a future. We understand the significance of your construction projects, whether a residential home, a commercial building, or anything in between.

Shielding Your Construction Dreams

That's why we offer Builder's Risk Insurance, a specialized coverage designed to safeguard your investment during construction. Now, you can focus on turning your construction dreams into reality, knowing you have a safety net to protect your vision.

Coverage Highlights

  1. Property Protection

    Builder's Risk Insurance covers the structure you're building, materials and equipment on-site. This includes protection against theft, vandalism, fire, and other unforeseen perils.

  2. Construction Delays

    Don't let unforeseen events disrupt your project timeline. Our policy can help cover costs related to project delays, keeping you on track.

  3. Temporary Structures

    Whether it's scaffolding, temporary storage, or even fencing, our coverage extends to protect these essential components of your project.

  4. Soft Costs

    You've invested more than just money; you've invested time and effort. Our policy can help recover soft costs such as architect fees and permits in case of a covered loss.

  5. Coverage Flexibility

    Our policies can be tailored to fit the specific needs of your project, ensuring you get the proper protection without paying for unnecessary coverage.

No two construction projects are the same.

That's why our Builder's Risk Insurance is customizable to meet your unique needs. With our team of experienced insurance brokers, we can assess the risks associated with your project and design a policy that gives you peace of mind. You can focus on what you do best – constructing your vision – while we handle the rest.

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Common Questions

Have questions about builder's risk insurance? You’re not alone! That’s why we’ve compiled a list of questions to help you better understand all the ins and outs.

What is Builder's Risk Insurance, and do I need it in Ontario?

Builder’s Risk Insurance is a specialized policy that protects your construction project during the construction phase. It covers damage to the building, materials, and equipment. While it’s not legally required in Ontario, it’s a wise choice to safeguard your investment.

What events are typically covered by Builder's Risk Insurance?

Commonly covered events include fire, vandalism, theft, windstorms, hail, and even some natural disasters. However, each policy may differ, so it’s crucial to understand what’s included in your specific coverage.

Can I tailor my Builder's Risk Insurance to the specific needs of my project?

Absolutely. Builder’s Risk Insurance can be customized to fit your project’s unique requirements, ensuring you get the right coverage without paying for unnecessary protection.

Does Builder's Risk Insurance cover construction delays?

Yes, Builder’s Risk Insurance can help cover costs related to project delays caused by covered events, ensuring you stay on track.

How can I get started with Builder's Risk Insurance from PetleyHare?

Getting started is easy. Request a quote and one of our experienced insurance brokers will walk you through the process, providing you with a tailored solution to protect your construction investment.