commercial_builders_riskCommercial project builders' risk insurance is designed to provide project-specific insurance for an individual construction project requiring a separate policy. This type of policy offers insurance for a wide variety of new construction projects including, high-rise offices, industrial structures, warehouses, road projects, municipal buildings, engineered risks, and institutional properties.

Some commercial builders' risk insurance is designed to provide "blanket" or "open" style insurance for all projects initiated by a contractor during the policy period. Commercial builders' risk insurance has unique features for non-residential construction projects like special clauses for "contract works" or "construction works" and loss or damage caused by mechanical or electrical systems.

In some cases, construction contracts require that architects, consulting engineers, designers, contractors, and/or subcontractors be listed as additional insureds. Commercial builders' risk insurance is designed to cover these service providers.

Some commercial builders' risk insurance extends to scaffolding, formswork, falsework, temporary structures, and office trailers. It may also include landscaping for decorative purposes or erosion.