re: Construction Estimators: Need a little help figuring Builders Risk

The cost always changes based on many variables...cost of contract, building type, location, materials, roof systems, etc...

For pricing, we usually exclude builder's risk because in my line of work the owner usually carries this insurance. We may have a deductible by back policy or are forced to carry it. Regardless, We get a quote.

If you really want to estimate this yourself, then our old rule of thumb use to be 16 cents per $100 of construction cost. So on a million dollar project you should carry $1,600 as an estimate.

Hope that helps.