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Florida Builders Risk Insurance

Florida’s Department of Financial Services says builders risk forms may treat rain and wind differently and some apply wind coverage only after a construction milestone. For coastal sites, DEP’s control-line program adds location-specific permitting and design questions. Confirm both against the project plans and actual policy. 1,2,3

What Is Builders Risk?

Builders risk protects the project you are building, including materials meant for it, against physical loss until construction ends. The gaps that cost owners money are materials in storage or transit, the existing building in a renovation, and coverage ending when you occupy early. Read the national Builders risk guide.

What to Watch for in Florida

  • Check when wind coverage starts

    Florida DFS says some builders risk policies require construction to reach a stated completion stage, such as 50% or 75%, before wind coverage applies. Confirm the actual trigger, how the insurer measures completion, and what protection applies to the project before it reaches that stage. 1

  • Read rain and water wording separately

    Florida DFS describes builders risk as named-peril coverage and says rain damage to job-site materials may be limited and depend on an endorsement. Ask whether the quote covers rain, wind-driven rain, flood, surface water and water intrusion as separate causes, and identify each applicable exclusion, endorsement and deductible. 1

  • Check the coastal line before starting work

    Florida’s CCCL marks a zone subject to severe fluctuations in a 100-year storm; DEP generally requires a permit for construction and excavation seaward of that line, subject to exemptions. Locate the parcel against the current CCCL map and align the approved scope, permit conditions and insured construction values. 2,3

Who Regulates Insurance in Florida

Florida Office of Insurance Regulation

The Florida Office of Insurance Regulation licenses and regulates insurance companies and reviews rates and forms. The Department of Financial Services separately licenses insurance agents and handles consumer insurance complaints; its resource page links to both state license searches. 4,5,6

Surplus-lines tax and stamping office

Reported tax rate: 4.94% of gross premium plus a 0.03% FSLSO service fee for policies effective July 1, 2026 or later When Florida is the insured’s home state, Florida taxes the entire gross premium at 4.94%; the premium definition includes policy and similar insurance charges. The separate FSLSO service fee is 0.03% for policies effective July 1, 2026 or later. Surplus-lines policies do not receive Florida Insurance Guaranty Association protection. 7,8,9

Florida Surplus Lines Service Office

Providers With Documented State Licenses

No provider in Spot’s research documents both a state license record and this coverage line. This does not establish that providers are unlicensed. Check the regulator’s license lookup and confirm availability with a provider when requesting a quote.

Questions to Ask Before You Buy in Florida

  1. At what construction milestone does the quote begin wind coverage, and how is completion measured?
  2. Which endorsements cover rain, wind-driven rain, surface water and flood at the site and for stored materials?
  3. Is any work seaward of Florida’s CCCL, and are required permits and design conditions satisfied?

Builders Risk in Florida: FAQ

Does Florida builders risk automatically cover wind and rain? 1

Florida DFS says rain is not a named peril in the form it describes; limited job-site material coverage may require an endorsement, and wind coverage can be subject to policy terms and a construction-stage requirement. Read the specific quote and endorsements. 1

When should a Florida project check the coastal construction control line? 2,3

Check it before construction or excavation at sandy coastal sites. Florida DEP says the CCCL program generally requires a permit for work seaward of the line, subject to exemptions, and the statute establishes the line by county. 2,3

Builders Risk in Other States

Other Coverage in Florida

Sources

  1. Hurricane Ready. Florida Department of Financial Services, Division of Consumer Services; Commercial Insurance Coverage Disaster FAQs; “Does a Builder’s Risk policy cover damage from wind and rain?”. Accessed 2026-09-28.
  2. Apply – Coastal Construction Control Line (CCCL) Permitting. Florida Department of Environmental Protection, Office of Resilience and Coastal Protection; CCCL definition, permit scope and special siting/design considerations; page modified February 24, 2025. Accessed 2026-09-28.
  3. 2026 Florida Statutes § 161.053 – Coastal construction and excavation. Florida Legislature; 2026 Florida Statutes, § 161.053; county CCCL program and coastal construction framework. Accessed 2026-09-28.
  4. Florida Office of Insurance Regulation. Florida Office of Insurance Regulation; Official regulator homepage; insurer regulation. Accessed 2026-09-28.
  5. Resources. Florida Office of the Insurance Consumer Advocate; State page links to DFS agent search and OIR active company search. Accessed 2026-09-28.
  6. Get Insurance Help. Florida Department of Financial Services; Insurance concern and formal complaint intake; consumer helpline. Accessed 2026-09-28.
  7. Florida Statutes § 626.932: Surplus lines tax. Florida Legislature; 4.94% tax on gross premium; home-state taxation; statutory definition of premium. Accessed 2026-09-28.
  8. FSLSO Bulletin 2026-02. Florida Surplus Lines Service Office; Service-fee rate effective July 1, 2026: 0.03%. Accessed 2026-09-28.
  9. Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
  10. Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
  11. Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
  12. About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
  13. Licenses. ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885. Accessed 2026-09-28.
  14. Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
  15. Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

Updated .

This guide is informational and does not determine whether a policy is available or meets your needs. Editorial policy. To suggest a correction, contact Spot with a supporting source.

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