Builder's Risk Claims in New England

Builder's-risk (course-of-construction) coverage protects a project while it's being built — the structure, materials, and often equipment on site — against covered perils like fire, water, wind, and theft. What makes these claims distinct is the soft costs: extended financing, permits, design fees, and delay-related expenses that pile up when a loss pushes the schedule. Multiple parties — owner, GC, subs, lender — all have a stake.

A complete claim covers the physical damage plus the covered soft costs and delay expenses, scoped to get the project moving again.

Builder's-risk claims are underpaid when the soft costs and delay expenses go undocumented — carriers happily pay the visible material damage and ignore the financing, fees, and schedule costs the policy may cover. Coverage disputes over what stage the project was in, what was on site, and whose responsibility a loss was also drag these claims out while the project sits idle.

We scope the physical damage and pursue the covered soft costs and delay expenses that owners and builders routinely miss. We navigate the multi-party dynamics — owner, GC, lender — and push the carrier to resolve quickly, because on a construction loss, time is a cost of its own.

A builder’s-risk loss is about more than damaged materials — the soft costs and delay expenses are where the claim is won or lost. We document all of it and push to keep your project moving.