Insurance TypesRenovation & Remodeling Insurance

Renovation & Remodeling Insurance

Coverage for ongoing renovation and remodeling work on investment properties bridging gap between property and builders risk.

Key Benefits

Covers partial renovation and remodeling

Less expensive than full builders risk

Covers completed work awaiting inspection

Includes material and labor coverage

Available for short-term projects

Ideal For

Ongoing property improvements

Capital improvement projects

Partial renovations

Properties with regular updates

Coverage Highlights

  • Renovation in progress
  • Materials on site
  • Completed but not inspected work
  • Temporary structures and protection
  • Liability during renovation

Average Cost

$500-$1,500/project

Actual costs vary based on property details, location, claims history, and specific coverage limits.

Common Misconceptions

Property insurance covers renovation (it does not)

Builders risk only for new construction (covers major renovations too)

Landlord policy covers during renovation (need separate coverage)

Cost prohibitive for small projects (actually quite affordable)

Need Expert Guidance?

Get personalized insurance recommendations tailored to your specific situation. Our experts can help you choose the right coverage and find the best rates.

Get Expert Help →