If you’re starting a construction or renovation project in Washington, securing a Builder’s Risk Insurance policy is essential to protect your investment. Our Lynnwood, WA-based insurance agency specializes in providing comprehensive builder’s risk coverage tailored to your project’s needs.

Builder’s Risk Insurance in Washington State – Coverage & Protection
What Does a Builder’s Risk Policy Cover?
A Builder’s Risk Insurance policy protects structures under construction from various risks that may not be covered by a contractor’s general liability insurance, including:
- Property Damage – Covers damage to the building under construction from fire, lightning, explosion, vandalism, theft, and some weather-related events.
- Building Materials – Protects materials, fixtures, and supplies stored on-site or in transit.
- Construction Equipment – Offers coverage for tools, machinery, and rented equipment used for the project.
- Temporary Structures – Covers scaffolding, fencing, and other temporary installations on the construction site.
- Soft Costs – Some policies include coverage for additional expenses like architectural fees, permit costs, and loan interest if construction delays occur due to a covered event.
- Business Interruption – If the project is delayed due to an insured loss, the policy may provide compensation for lost income or extra expenses.
Why Builder’s Risk Insurance is Essential
Many construction project owners assume their contractor’s insurance policy provides full protection. However, contractors’ general liability policies typically only cover third-party injuries or damages caused by negligence—not property damage to the project itself. Without a Builder’s Risk Insurance policy, you could face significant financial loss due to unforeseen damage or delays.
Who Needs Builder’s Risk Insurance?
This policy is ideal for:
- Contractors & Builders
- Homeowners Undergoing Major Renovations
- Commercial Property Developers
- Construction Project Managers
Get Builder’s Risk Insurance In Lynnwood, WA With Hood Insurance Agency
At our Lynnwood, WA insurance agency, we specialize in business and commercial insurance solutions. If you’re working on a construction project anywhere in Washington, we can help you find the right builder’s risk policy to safeguard your investment. Contact us today for a free quote! Let’s ensure your construction project is fully protected.