Builder's Risk Coverage
Project-specific builder's risk policies protecting the structure under construction against fire, wind, theft, vandalism, and water damage from the first day of work through project completion.
New construction projects carry significant financial exposure from the moment ground breaks to the final walkthrough. Soma's Builder's Risk Insurance shields your structure, materials, and equipment against fire, theft, vandalism, and weather damage throughout every phase of the build—giving developers, general contractors, and lenders the ironclad coverage they need to keep projects moving without costly interruptions.
Comprehensive coverage solutions for every phase of your new construction project, from foundation to final inspection.
Project-specific builder's risk policies protecting the structure under construction against fire, wind, theft, vandalism, and water damage from the first day of work through project completion.
Inland marine coverage for owned and rented construction machinery, tools, and equipment on-site or in transit, ensuring no gap in protection for your most critical job site assets.
Covers building materials and fixtures while in transit to the job site or awaiting installation, protecting your investment in materials before they become part of the permanent structure.
General liability coverage for bodily injury and property damage arising from construction operations, satisfying lender and owner contract requirements throughout the project lifecycle.
Extended protection covering defect and damage claims that arise long after project handover, giving developers and contractors coverage well beyond the completion date.
Consolidated wrap-up programs for large-scale developments that bring all project participants—owners, general contractors, and subcontractors—under a single coordinated insurance structure.
New construction projects face an evolving set of risks at every stage—structural damage during framing, material theft on open sites, and equipment breakdowns that derail timelines. Soma works with specialty carriers including Chubb, Liberty Mutual, and Kinsale to place builder's risk coverage tailored to your project's scope, contract requirements, and timeline. Whether you're a solo developer or managing a multi-trade build, we structure policies that satisfy lenders, satisfy owners, and keep your project financially protected from day one to certificate of occupancy.
See how Soma has helped developers, contractors, and trades secure fast, reliable builder's risk coverage.
Soma brings speed, specialty expertise, and real carrier access to every construction insurance placement.
We place coverage through Chubb, Liberty Mutual, and Kinsale—carriers with deep appetite for complex construction risks others decline.
No waiting weeks for quotes. Soma's team analyzes your project and binds coverage quickly so construction timelines stay on track.
Get builder's risk, contractor liability, tools coverage, and more with a single application—no chasing multiple brokers.
From high-value developments to complex multi-trade builds, Soma places construction risks that standard markets routinely turn away.
Experienced insurance specialists dedicated to protecting your construction projects.
Soma was built to solve the problem every contractor, developer, and builder knows too well: traditional insurance brokers are slow, generic, and unwilling to tackle complex risks. Soma's Risk Management Team has processed thousands of businesses across the construction vertical—from owner-operators pulling permits on their first spec home to general contractors managing multi-million-dollar mixed-use developments. We work with industry-leading specialty carriers including Chubb, Liberty Mutual, and Kinsale, placing coverage that others won't and doing it faster than any traditional brokerage. Our construction specialists understand lender requirements, contract insurance clauses, and the project-specific nature of builder's risk—ensuring your coverage is always aligned to the actual scope and value of your build.
Most construction projects require a combination of Builder's Risk insurance (covering the structure and materials during construction), General Liability (covering bodily injury and property damage), and Tools & Equipment coverage. Larger projects may also require Completed Operations protection, an Installation Floater for materials in transit, and wrap-up programs (OCIP/CCIP) if multiple contractors are involved. Lenders and project owners typically specify minimum coverage requirements in the contract.
Talk to a Soma construction insurance specialist for a fast, no-obligation consultation.
Partnered with top-rated markets including Chubb and Liberty Mutual
Dedicated team certified in complex commercial insurance placement
Recognized for placing coverage other brokers won't touch
Fill out the form below and a Soma construction insurance specialist will reach out promptly to discuss your project's coverage needs, timeline, and contract requirements—no waiting, no runaround.