Most builders risk policies are written for 3, 6, 9, or 12 months — matching the projected construction timeline. Coverage typically ends when the certificate of occupancy is issued, the project is occupied, or the term expires, whichever comes first. Extensions are usually available in 30, 60, or 90-day increments.
For coastal projects, plan policy terms carefully around hurricane season (June 1 – November 30) since carriers may impose binding moratoriums or rate adjustments at extension time.
