Buildings are subject to many different risks while under construction. They may catch fire, be damaged by high winds, or fall victim to other force majeure. Builders Risk is a special type of property insurance which indemnifies against damage to buildings while they are under construction. Builder's risk insurance is coverage that protects a person's or organization's insurable interest in materials, fixtures and/or equipment being used in the construction or renovation of a building or structure should those items sustain physical loss or damage from a covered cause.
Coverage is often purchased by the builder or general contractor and may also be purchased by the property owner. Builder's risk coverage may be necessary to show proof of insurance to comply with local city, county, and state building codes and is often required as a condition to many contracts.
This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued through Foster Sullivan Insurance Group, LLC or its carrier partners. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy or bond. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law. Availability of coverage referenced in this website can depend on underwriting qualifications and state regulations.
Foster Sullivan Insurance – Protecting Your Future

Who Our Clients Are...
Foster Sullivan business clients are small to mid-sized, privately held companies who would rather focus on revenue generating activities than they would insurance related issues. They surround themselves with trusted advisors who assist them in ensuring the safety and well-being of their employees, their clients and their property.
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Business Owner Concerns...
Foster Sullivan has a team of proactive, responsive, accessible account managers and agents who know you, your business and your industry. We couple that with a specific, continuous service program throughout the policy year.
Foster Sullivan has deep claims and litigation expertise within the agency, allowing for significant impact on claims handling. We put that expertise to use for our clients’ benefit in an effort to favorably impact their long-term premiums.
Foster Sullivan’s account management and account executive experts, aligned in industry-specialized teams, are actively engaged in industry forums, associations and groups, while getting to know a client’s specific business and personnel.
Foster Sullivan employees encompass a broad and deep expertise that includes legal, insurance and business experts, all brought to bear for a comprehensive approach to managing your risk in a professional, advisory and consultative manner. Continuing education and self-improvement is a vital part of the Foster Sullivan culture.