Is builders risk insurance the same thing as course of construction insurance?

No. Builder's risk is a specific policy, that covers property only. It can be written for a specific location, or as a blanket. It can be written to include materials BEFORE they are added to the structure.

"Course of Construction" is a general term, that CAN include builders risk, but usually ALSO includes some premises liability coverage. It might include GL for the CG, might not. It may or may not include OCP. It's not a "real" name, just a commonality that a lot of contractors use. So when someone uses it, you have to pry a bit, and get more information about what exactly they mean, out of it.

**true, I spoke in insurance, not in English . .. however, I thought by the nature of the question, it was being asked by an insurance agent or csr or risk manager . . .**

Good answer, and I understand it, but come on, MB, type ENGLISH!!! :-) OCP? CG? GL? Give these folks a break!

Don't forget the coverage for materials in transit.....and most are written on an All RIsk type policy versus a Named Perils policy!

Good luck and I hope THESE help!!

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