Builder’s risk insurance is a temporary policy connected to a construction project. Coverage may begin when the job’s contract is signed, and it may end when:
The policy expires or is canceled.
The building is occupied.
The project has been finished for an established number of days (e.g., 30 or 90).
The property is put to its intended use.
Policies may contain specific provisions that start or end coverage for other reasons. It is essential to note these terms to ensure protection during the desired times.