The Builder's Risk Insurance verifies our collateral is covered in case of loss by theft, fire, or other perils during the construction or renovation of a structure.

Builder's Risk Insurance should be obtained from the borrower, builder, or directly from the insurance agent and is required when the loan is for construction or renovations/improvements to an existing structure.

Documentation is completed when: 

• Adequate amount of coverage. Adequate = outstanding principal balance.
• Capital City Bank listed as lien holder or mortgagee 
• Effective date on or before the loan date

Note: Draws will not be permitted if documentation is not submitted and completed accurately. 

Completed documentation should be uploaded to Abrigo. If you need additional assistance with Abrigo, please contact _Abrigo Help.