Which of the following is NOT an additional coverage in the builders risk form?

The correct answer is that vandalism is not considered an additional coverage included in the builders risk form. Builders risk insurance primarily provides coverage necessary for the construction and renovation of buildings and structures, focusing on the risks associated with the construction process itself.

In many standard builders risk policies, the coverage typically protects against risks arising from fire, wind, theft of materials, and certain other types of damage during construction. The coverage for vandalism is often limited or excluded altogether because it does not directly pertain to the construction process and is sometimes considered a separate risk that may require an endorsement to add.

Employee theft, fire department service charges, and building materials coverage are often included as additional coverages or can be added by endorsement because they directly relate to the construction process or costs incurred as a result of covered risks. Employee theft pertains to the risk of loss from dishonest acts by employees, while fire department service charges can be necessary costs incurred to protect the property. Building materials coverage specifically protects against loss or damage to the materials intended for the construction project.

Thus, understanding that vandalism is not included helps highlight the specific focus of builders risk coverage on construction-related risks rather than property damage due to vandalism, which can be more broadly insured in other types of policies