Found in QSI
When you compare builders, most of the conversation naturally centers on the building itself. The size. The doors. The colors. The roofline. The details that will make the space work for you.
But some of the biggest differences between builders are not nearly as visible.
Every QSI project includes builder’s risk coverage during construction. QSI purchases the policy through an insurance provider backed by Zurich, giving each project an added layer of protection while the building is underway.
It is not flashy. You will not see it in the finished photos. But it is one of those details that matters a whole lot when something unexpected happens.
What Is Builder’s Risk Insurance?
Builder’s risk insurance, also known as course of construction coverage, is designed to help protect a building while it is being built.
Depending on the policy and the circumstances, it may cover the structure itself, along with materials, fixtures and equipment that are intended to become a permanent part of the finished building.
That matters because construction does not happen in a bubble. Storms roll through. Materials can be damaged or stolen. Fire, vandalism, wind, hail or another unexpected event can affect a project before the building is complete.
Builder’s risk coverage is there to help protect against covered losses during that in-between stage, when a project is taking shape but is not yet finished.
What May Be Covered?
Exact coverage depends on the policy, the project and the circumstances surrounding the loss, but builder’s risk insurance may provide protection for things such as:
- Fire or lightning
- Theft
- Vandalism
- Wind or hail
- Certain weather-related events
- Arson
- Collapse
- Covered damage to building materials
- Covered materials while in transit
- Debris removal following a covered loss
It may also cover materials, fixtures and equipment that will eventually become part of the finished building.
As with any insurance policy, limits, exclusions, deductibles and conditions apply. Coverage for a specific event is determined by the terms of the actual policy.
Why It Matters to the Customer
Most customers assume that if something goes wrong during construction, the builder will simply take care of it.
That sounds reasonable. But depending on the builder, the contract and the situation, that is not always how it plays out.
A major setback can get expensive fast. Damaged materials may need to be replaced. Work may need to be removed. Parts of the project may need to be completed again. Without the right protection in place, the customer may be left trying to sort out who is responsible for what.
That is not a conversation anyone wants to have halfway through a building project.
QSI takes a different approach. Builder’s risk coverage is included with every QSI project, so this protection is already in place from the start.
We would much rather plan for the possibility of something going wrong than cross our fingers and hope it does not.
It Is Part of What Stands Behind the QSI Name
Builder’s risk coverage is not the reason someone falls in love with a building. It is not as exciting as choosing colors, laying out the doors or finally seeing the structure take shape.
But it says a lot about the company behind the project.
It says the builder has thought beyond the perfect scenario. It says there is a plan for the unexpected. And it says the customer is not just buying a building—they are choosing the people and protections standing behind it.
Ideally, builder’s risk coverage is something you will never need.
But construction does not always go exactly according to plan. When it does not, who you build with matters.
There are plenty of builders.
There is only one QSI.
Ready to start planning your building?
This article provides a general overview of builder’s risk insurance and does not describe every policy term or guarantee coverage for a particular event. Coverage is subject to the policy’s limits, deductibles, conditions and exclusions.
