Does Builders Risk Cover Materials Off Site?

Builders risk may cover materials off site when the storage location is scheduled or endorsed; the cited ISO form treats temporary locations separately from the jobsite. The ISO specimen identifies temporary storage locations separately from the jobsite, illustrating why a general project limit should not be assumed to apply at every warehouse. Provide the storage address, maximum value, duration, security, and ownership to the insurer. Verify that the location is scheduled, the cause-of-loss terms match the project, and the policy addresses transit between storage and the site. Check any percentage or per-location sublimit in the quote. A warehouse may carry its own property insurance, but that policy may protect the warehouse operator rather than the project owner’s materials. Request written confirmation that your interest is insured at the specific address. Check maximum values by location, duration limits, security requirements, transit between the warehouse and site, and whether the insurer requires advance reporting or a storage endorsement.