The idea of building a home is nearly every homeowner’s dream. It allows you to choose exactly where you want each room, how you want the layout to look when it’s finished. Not only does it serve as a safe haven for you and your family, but a physical, tangible source of your hard work that you can pass down.
Keeping your new home safe from conception to well after it is built is crucial and home insurance is one way you can do this.
Get Home Insurance During Construction 
A lot can go wrong before your home is even finished. Bad weather, vandalism and other dangers can threaten your home before it’s built. As soon as the project to build your new home starts, you should have a comprehensive home insurance policy in place.
Hire Contractors Who Have Their Own Insurance
Speaking of insurance during construction, any contractors you hire should be carrying their own insurance policies. There are a variety of insurance coverages they should have including general liability and professional liability in case they make a mistake that loses you money. All valid contractors should have insurance.
Update Your Home Insurance as You Go
As each room is completed and fixtures are added, your unfinished home will increase dramatically in value on an almost-daily basis. Your home insurance provider cannot give you adequate protection if they don't know what they're protecting.
Insure with Security in Mind
Safety comes first on any job site, but security is a close second. If someone steals from your job site because you left an expensive set of power tools lying around after-hours, there's a good chance that your insurer will chalk that up to negligence on your part.
Consider Additional Coverage Options
Since you are both the homeowner and the builder, you will probably want to look into builder's insurance to make sure that you are covered on both fronts. Also keep in mind that most home insurance policies have limitations and exclusions when it comes to damages covered and items that can receive compensation.
If you already have a home insurance policy for another home, speak with your insurance agent about the process of creating a home insurance policy for the one you are building. Oftentimes you can remain with the same insurer if you are moving into the same area or the same state.