{"id":91,"date":"2026-09-30T12:00:00","date_gmt":"2026-09-30T18:00:00","guid":{"rendered":"https:\/\/www.frontrange-ins.com\/blog\/?p=91"},"modified":"2026-09-22T10:36:15","modified_gmt":"2026-09-22T16:36:15","slug":"does-builder-s-risk-insurance-cover-liability-lawsuits","status":"publish","type":"post","link":"https:\/\/www.frontrange-ins.com\/blog\/does-builder-s-risk-insurance-cover-liability-lawsuits\/","title":{"rendered":"Does Builder’s Risk Insurance Cover Liability Lawsuits?"},"content":{"rendered":"

Most real estate developers and renovation companies understand the importance of having proper coverage. Most states have legal requirements, such as laws stating that companies have to have workers’ compensation coverage. Learning about different types of coverage can help you ensure your business is covered if there’s an accident and prevent financial ruin. <\/span><\/span><\/span><\/p>\n

What’s Builder Risk Insurance?<\/span><\/span><\/span><\/h3>\n

This type of policy covers physical property. It may cover the property you’re working on if you’re on a big construction or renovation job. It can cover building materials and may pay for damage to the insured property if there’s a covered peril. It’s important to remember that this policy provides coverage for different things than general liability coverage. It doesn’t cover liability lawsuits. An agent here at Front Range Insurance Services can help you learn more. <\/span><\/span><\/span><\/p>\n

Is Builder Risk Insurance Legally Required?<\/span><\/span><\/span><\/h3>\n

Builder risk insurance isn’t legally required in Littleton, CO, so you won’t face fines or penalties if you don’t have it. However, if you don’t have builder’s risk insurance, you’ll be financially responsible for certain events. For example, if a fire burns down the building you’re constructing, you may have to pay for it. Financial hardship can lead small businesses to file for bankruptcy or to lose jobs because they don’t have the money to replace construction projects or building materials. <\/span><\/span><\/span><\/p>\n

Liability Lawsuits<\/span><\/span><\/span><\/h3>\n

This type of policy doesn’t cover liability lawsuits, but liability coverage does. General liability policies will cover lawsuits if someone gets hurt or there is property damage. Additional liability coverage will protect if you need money for things like legal defense or medical bills. <\/span><\/span><\/span><\/p>\n

It’s always important to work with an experienced agent at Front Range Insurance Services to learn about different policies before you begin a new project. Contact us today to discuss your options. We’re currently serving the Littleton, CO area. <\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Most real estate developers and renovation companies understand the importance of having proper coverage. Most states have legal requirements, such as laws stating that companies have to have workers’ compensation coverage. Learning about different types of coverage can help you ensure your business is covered if there’s an accident and prevent financial ruin.  What’s Builder […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[38,11,16,20,34],"class_list":["post-91","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-builder-risk","tag-co","tag-front-range-insurance-services","tag-insurance","tag-littleton"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t