What does "Contractor's Risk Insurance" primarily cover?

"Contractor's Risk Insurance," also known as Builder's Risk Insurance, primarily focuses on protecting construction projects from various risks that can lead to financial loss. This type of insurance is designed to cover losses or damages to buildings or structures while they are under construction or renovation. It typically includes coverage for risks such as fire, theft, vandalism, and certain weather-related events, ensuring that the contractor is financially protected against unforeseen circumstances during the construction period.

The other options relate to different aspects of liability and coverage that may not be specifically under the realm of Contractor's Risk Insurance. For instance, liability for worker injuries falls under Workers' Compensation Insurance, which provides coverage for employees injured on the job. Damages caused by subcontractors or civil suits from homeowners would pertain to liability insurance, which addresses legal claims and damages but is separate from the specific risks associated with the physical construction process.