How much does builders risk insurance cost?

The amount paid as premiums under builders risk insurance covers the estimated cost of the project by builders risk insurance issuers and these range between 1 percent-5 percent of the total value of the project depending on various factors such as the size of the project, the location, the specifics of the insurance cover and duration of construction. As an example, a smaller residential job might cost 1-5 percent of the value of that job and larger/complex jobs might have varying rate.
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