New Construction Insurance: Protecting Your Build From the Ground Up

Why New Construction Needs Specialized Insurance

Building a new home is exciting—but it also comes with risks that standard homeowners insurance won’t cover until the home is finished. From theft of materials to storm damage during construction, new construction insurance makes sure you’re protected while your home is being built.
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What Is New Construction Insurance?

New construction insurance is a policy designed to cover homes that are still under construction. It typically includes:

• Builders Risk Coverage – Protects the home structure, materials, and fixtures during the build process from damage or theft.
• Liability Protection – Covers injuries to third parties on the construction site.
• Equipment and Tool Coverage – Protects construction equipment on site from theft or damage.
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What’s Covered

Coverage varies by policy, but most new construction insurance in North Carolina protects against:

• Fire and lightning
• Theft and vandalism
• Wind and hail (may require separate wind coverage in coastal counties)
• Accidental damage during construction
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What’s Not Covered

• Normal wear and tear
• Poor workmanship or design flaws
• Flood damage (requires a separate flood policy)
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When to Get New Construction Insurance

You should have coverage in place before the first materials are delivered to the job site. Lenders often require proof of insurance before financing the construction project.
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Why It Matters in North Carolina

With weather risks like hurricanes, hailstorms, and high winds, North Carolina construction sites face higher exposure to loss. Whether you’re building in Wilmington, Raleigh, Charlotte, or along the Outer Banks, your coverage needs to be tailored to your location and construction timeline.
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How Sizemore Insurance Can Help

We work with top national and regional carriers to find the right policy for your project. Our advisors will:

• Review your construction plans and timeline
• Recommend coverage that matches your build’s risks
• Shop multiple carriers for competitive rates
• Guide you on any additional policies you may need (like flood or equipment coverage)
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Build With Confidence

Get the right protection in place before your first nail is hammered. Start your new construction insurance quote online or call (910) 791-1011 to speak with a Sizemore Insurance advisor today.