Your home is under construction. You’ve put a lot of time and money into it, and you don’t want anything to happen to it.
But what happens if something does go wrong? How do you insure your home during construction?
M&K Dignum Insurance Agency Inc. in Albany, NY can assist you in navigating important insurance coverages. Here we discuss how to protect your investment by insuring your home during construction.
Get Builder’s Risk Insurance
There are a few different ways to insure your home during construction in Albany NY. The most common way is to purchase what is known as a builder’s risk policy from M&K Dignum Insurance Agency Inc. This type of policy will protect your home from the damage that may occur during the construction process. Builder’s risk policies typically cover things like fire, wind, and hail damage. It’ll also usually cover theft of materials from the job site.
Get Homeowners Insurance
Another way to insure your home during construction is to purchase a homeowner’s insurance policy. This type of policy will protect your home from the damage that may occur after the construction process is completed. Homeowner’s insurance policies typically cover things like fire, wind, and hail damage. It’ll also usually cover theft of personal belongings.
Get Warranty Insurance
Another way to insure your home during construction is to purchase a warranty policy. This type of policy will protect your home from the damage that may occur after the construction process is completed. Warranty policies typically cover things like defects in workmanship or materials. They will also usually cover repair or replacement costs if something goes wrong with the home after it is built.
Give Us A Call
For more expert insurance advice, please feel free to contact us at M&K Dignum Insurance Agency Inc. in Albany, NY.
We’ll be happy to help you insure your home during construction.
