Builder’s Risk Insurance in Lafayette, LA

Protect Your Construction Project with Acadiana Risk Management

Every construction project in Lafayette is an exciting opportunity—but also a major investment. Whether you're building a custom home, a commercial structure, or remodeling an existing property, unexpected events can throw your timeline—and your budget—off track. That’s where Builder’s Risk Insurance from Acadiana Risk Management comes in.

What Is Builder’s Risk Insurance?

Builder’s Risk Insurance is a specialized policy designed to protect property under construction. It covers damage to buildings, materials, and equipment during the course of construction or major renovation.

Think of it as temporary insurance that protects your project from common construction-related risks like:

• Fire

• Wind and hail damage

• Theft of tools or materials

• Vandalism

• Lightning strikes

• Water damage (including some flood scenarios, depending on the policy)

In a state like Louisiana—especially in areas like Lafayette—where hurricanes, flooding, and extreme weather are common, builder’s risk coverage is a must-have.

What Does Builder’s Risk Insurance Cover?

At Acadiana Risk Management, we tailor builder’s risk policies to fit the scope and size of your project. Our coverage can include:

✅ Physical Damage
Protection against natural disasters and on-site incidents such as fire, storms, and explosions.

✅ Theft and Vandalism
Coverage for stolen tools, equipment, or materials, as well as site vandalism.

✅ Materials in Transit or Storage
Insurance for materials whether on the job site, being delivered, or stored off-site.

✅ Temporary Structures
Protection for scaffolding, fencing, forms, and trailers.

✅ Soft Costs
Covers financial losses like architect fees, engineering fees, and loan interest due to covered delays.

✅ Debris Removal and Cleanup
Includes costs for post-loss site cleanup, demolition, and removal of damaged materials.

What’s Not Covered?

Builder’s Risk Insurance does not cover:

• Accidents or injuries on-site (you need Workers’ Comp or General Liability for that)

• Faulty workmanship

• Employee theft

• Wear and tear

• Earth movement (often excluded but may be added through endorsement)

We’ll walk you through all exclusions and help pair this policy with any additional coverage you may need.

Who Needs Builder’s Risk Insurance?

If you have a financial interest in a construction project, you should strongly consider builder’s risk insurance. This includes:

• General Contractors & Subcontractors

• Property Owners & Real Estate Developers

• Investors & House Flippers

• Lenders & Banks

• Architects & Engineers

Whether you're overseeing a custom residential build or a multi-million dollar commercial project, builder’s risk insurance offers vital protection from start to finish.

Why It Matters in Lafayette, LA

Construction projects in Lafayette face unique environmental risks:

• 🌀 Hurricanes & Tropical Storms: Common during hurricane season (June–November)

• 🌊 Frequent Flooding: Especially in low-lying areas around the Vermilion River

• ☀️ Extreme Heat & Humidity: Impacts material performance and timelines

• 🌿 Wetlands and Bayous: Specialized terrain requires advanced planning and tailored coverage

Acadiana Risk Management understands these local challenges and provides policies built specifically for construction in South Louisiana.

How to Get Builder’s Risk Insurance

Getting coverage through Acadiana Risk Management is fast and easy:

1. Request a Free Quote – Call us or use our online form

2. Review Coverage Options – We’ll guide you through what’s essential for your project

3. Customize Your Policy – Tailored for your build timeline, scope, and location

4. Get Covered & Build With Confidence

Why choose a local agency?

✅ Local Expertise – We live and work in Louisiana, so we understand your risks
✅ Custom Coverage – Tailored builder’s risk policies for projects big and small
✅ Responsive Service – Real people, real answers—when you need them most
✅ Competitive Rates – Quality protection that doesn’t break the budget

Start Building With Confidence

Don’t let unforeseen setbacks derail your timeline or budget. With Builder’s Risk Insurance, you can protect your investment and stay on track from groundbreaking to grand opening.

Serving Lafayette, LA and surrounding Acadiana parishes.

Protect Your Build Today