What form covers commercial, residential, or farm buildings that are under construction?

The Builder's Risk Coverage Form is specifically designed to protect buildings and structures that are under construction, whether they are commercial, residential, or farm structures. This type of insurance provides coverage for the building and materials on site against risks such as fire, theft, and vandalism during the construction phase.

It is tailored to address the unique risks associated with construction projects, including equipment and materials that are exposed to various hazards before the building is completed. The coverage is in effect for the duration of the construction process, ensuring that the investment is safeguarded during an often vulnerable timeframe.

Other forms mentioned in the available options serve different purposes. The Commercial Package Policy combines various commercial coverages but does not focus solely on properties under construction. The General Property Coverage Form may provide broad coverage for property but is not specifically designed for construction projects. Construction Liability Insurance deals with liability for accidents or injuries that occur on the construction site but does not cover the property itself. Thus, the Builder's Risk Coverage Form is the most appropriate choice for properties under construction.