Builders Risk Insurance Geico. Buildings or structures under construction, including temporary storage buildings, fencing, scaffolding, retaining walls and more. Builders risk insurance—also referred to as course of construction (coc) insurance, building risk insurance, or builder's risk insurance—is a specialized type of property insurance that protects a person's or organization's construction projects, renovations, or installation while in progress.
Builders risk typically only offers coverage for the home under construction and building materials. International builders risk insurance for u.s. Builder’s risk insurance, also known as course of construction insurance, is a specialized type of property insurance that helps protect buildings under construction.