Do I Need Builders Risk Insurance To Purchase A Home Where We will Do Major Renovations Before Moving In? 
Good Question . Yes you should purchase a builders risk policy while the home is under construction . The homeowners insurance policy has a 60 vacancy clause and is designed for an owner occupied primary residence . The homeowners insurance policy is not designed to cover the risks associated with a home during the course of construction . Some builders risk policies will `` carve '' out liability coverage . Be sure to purchase a policy that includes liability and also request a certificate of insurance naming you as an `` additional insured '' from the contractor -LRB- s -RRB- . 