When Does Builders Risk Insurance Start and End? 

If you’re a contractor, builder, or property owner in Georgia preparing for a new construction project or major renovation, understanding the coverage period for your builders risk policy is just as important as knowing what it covers. Builders risk insurance is temporary by design, and knowing exactly when it kicks in and when it expires can save you from an expensive gap in protection.

When Coverage Typically Begins

In most cases, builders risk coverage starts on the date the policy is bound, which is often before or on the day construction begins. Some insurers require that no work has started yet at the time of binding. Starting coverage before the first nail is driven helps ensure that materials stored on site are protected from the beginning. Coverage details can vary by policy, so confirm the effective date with your insurer before work begins.

Common triggers that mark the start of coverage include:

• Policy binding date established with the insurer
• Delivery of materials or equipment to the job site
• Breaking ground on a new build or renovation

When Coverage Typically Ends

Builders risk insurance is not permanent. Coverage typically ends when one of the following occurs:

• The project reaches completion and receives a certificate of occupancy
• The property is occupied or put to its intended use
• The policy’s expiration date arrives, whether or not construction is finished
• The project is abandoned

Once a project wraps up, the property owner will generally need to transition to a permanent homeowners insurance or commercial property policy.

Keeping Your Project Protected in Georgia

Construction timelines shift, and an expired builders risk policy on an unfinished project leaves you exposed. Reviewing your policy terms throughout the build, not just at the start, helps prevent surprises.

Contact Plemons Insurance Agency to review your builders risk coverage and make sure your project stays financially protected from groundbreaking to completion.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.