Which type of coverage would the insured depend on in the event of damage during construction?

Builder's risk coverage is specifically designed to provide insurance protection for buildings under construction, renovation, or repair. This type of coverage typically addresses damage to the structure and might also cover materials, fixtures, and equipment that are part of the construction project. It helps protect the financial interests of the insured in case of incidents such as fire, theft, or vandalism that could lead to significant losses during the construction phase.

In contrast, completed operations coverage applies once the construction project is finished and the building is in use. It protects against liability claims resulting from the completed work. General liability insurance provides broad protection against third-party claims for bodily injury and property damage but does not directly cover the materials and equipment while they are on-site and under construction. Workers' compensation insurance is focused on providing coverage for medical expenses and lost wages for employees injured while working and is not related to damage to the construction itself. Therefore, builder's risk is the appropriate choice for coverage during the construction period.