Builder's risk vs. General liability insurance: Key differences explained

While builder’s risk and general liability offer different types of coverages, construction businesses may need both policies depending on several factors, including project type, client needs, and state requirements. A general liability policy covers third-party physical damages, and builder's risk insurance covers financial loss from damage to a building or worksite that's under construction. Many businesses in the construction industry carry both policies to protect their company from the high costs of unexpected lawsuits.

For a more in-depth comparison of general liability and builder's risk insurance, visit: https://www.insureon.com/builders-ris...

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