Which of the following is not considered a risk covered by Builders Risk Insurance?

Builders Risk Insurance is designed to cover buildings under construction and includes protection against specific risks that can occur during the building process. One of the notable exclusions from most Builders Risk Insurance policies is flooding. This type of insurance typically covers damages due to perils such as fire, vandalism, and wind damage, as these risks are more applicable to the construction phase and can occur from various sources on a construction site.

Flooding is often excluded from Builders Risk policies because it is generally covered under different types of insurance, such as flood insurance, due to the nature of flood risks and the potential for significant damage beyond what is typically seen in construction-related incidents. Additionally, flood coverage often requires separate policies or riders because of the specific risks and regulations surrounding water damage, making it something that is not part of the standard coverage provided by Builders Risk Insurance.