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https://robfreeman.com/who-pays-build... - Builder's risk insurance, also known as "course of construction" insurance, is a type of property insurance that protects projects while they are under construction. Your builder's risk policy protects any real property, such as a building under construction, as well as building materials and even soft costs, related to the overall budget. A builder's risk policy is important for any construction project because it indemnifies against damage that could cause a project to grind to a halt due to a loss... Common questions around builder's risk insurance are: Who pays for builder's risk insurance? How much does builder's risk insurance cost? Can builder's risk insurance be extended?