Which types of property are covered by a standard builders risk form?

A standard builders risk form provides coverage for properties that are under construction, including several important elements. The correct choice highlights that coverage extends to temporary structures, machinery that will be permanently attached to the building, and the building itself.

This is significant because during construction, various components are involved, such as scaffolding, temporary buildings (like site offices or storage sheds), and installed machinery that is integral to the construction project. It's crucial for builders to have this comprehensive coverage to protect against risks that may occur during the construction period, such as theft, vandalism, or damages caused by adverse weather.

In contrast, the other options fail to encapsulate the full scope of coverage provided by a standard builders risk policy. For instance, limiting coverage to only temporary structures does not account for the fundamental parts of the construction, leaving the building and installed machinery vulnerable. Focusing solely on the building and its foundation neglects the coverage needs for other elements that may also be at risk during the construction process. Similarly, only covering materials on-site excludes significant machinery and structures necessary for completing the project. Therefore, the correct choice is reflective of the broader and more inclusive coverage intended by a standard builders risk form.