Question

Do I need homeowners insurance during construction?

Answer 1

If you got a home construction loan you do need to insurance the home during construction.

However you don't buy regular homeowners insurance for a home under construction.

But instead your insurance company should cover the home under construction with an insurance coverage policy known as Builders Risk Insurance.

Ask your homeowners insurance company for insurance for a home under construction.

Because anything can happen and although most homes are built without any damage done there's always the small risk that something may happen.

Then you would lose all that money you spent on the construction materials and the money you pay the builders to build the home.

Always get insurance on a home that is under construction just to be safe.

Answer 2

If your contractor uses modern software in his work, then you should have no problem in order to request an electronic document, permission or track the progress of the project using online reporting and advanced analytics. For example, Fluix is one of these programs (you can read more about the features on the official website of the developer of this software here https://fluix.io/industry-construction ). This is really convenient and saves a lot of time, since you can find all the necessary documents about your construction online.