Home Builders Design Trends for 2024

The home design industry is dynamic, and the trends evolve and change frequently. As a builder, you understand you need more than just visually attractive homes. You also need to protect your business from a variety of risks. This article explores the trends shaping home design in 2024 and the value of builders risk insurance for your company.

What’s Trending for Home Design in 2024?

Consider how some of these home design trends will shape how you do business this coming year.

Sustainability & Innovation

Builders are incorporating biodegradable and recycled materials such as mycelium, cork, and beer bottles — creating homes that are not only visually appealing but also environmentally responsible.

In addition, with the rise of energy-efficient systems such as smart home devices, integrating technology into home design is no longer a luxury but a necessity. More homes will integrate smart technology, providing homeowners with enhanced security, energy efficiency, and convenience.

Multi-Functional Spaces

Home designs offering adaptive and multi-functional spaces are on the rise. These spaces can easily transition from a home office to a workout area or entertainment space.

Biophilic Designs

Homeowners are showing an increased interest in biophilic designs, emphasizing a connection to nature. Builders are incorporating elements like large windows, indoor plants, and outdoor living spaces to bring the outdoors inside and vice versa, creating harmonious and tranquil living environments.


Clean lines, uncluttered spaces, and a focus on essential elements define modern aesthetics. Builders are embracing minimalism to create homes that showcase simplicity and sophistication.

Global Inspirations

Globalization has brought diverse cultural influences into home design. Builders are drawing inspiration from different cultures, incorporating unique elements, colors, and patterns into their designs to create homes that tell a story and reflect the globalized nature of our world.

Builders Risk Insurance for Design-Oriented Projects

The right builders risk insurance protects against risks, damages, and losses during construction. It provides valuable peace of mind for many potential issues while you’re building, including fire, vandalism, certain weather-related damages, and theft.

Mitigating Risks in Home Design Projects

Comprehensive builders risk insurance coverage plays a pivotal role in mitigating the risks for both builders and homeowners. It ensures an uninterrupted project flow by safeguarding against unexpected setbacks, such as material theft, natural disasters, or construction site accidents. 

The financial implications of unforeseen events during construction can be substantial. Many experts suggest creating a contingency fund of 10-20% of the total budget to cover unexpected costs. However, those costs could increase if you use unconventional building materials or have unique construction designs. These potential extra costs highlight how builders risk coverage is an essential tool in managing liability and financial risks.

Tailoring Coverage to Business Needs

Builders risk policies are not a one-size-fits-all solution. You can tailor coverage to specific business needs and project requirements. By working closely with an experienced insurance provider, builders can ensure their coverage adequately addresses the unique challenges of design-oriented projects.

Recognizing the latest home design trends is only part of the equation. Integrating builders risk insurance into these trends ensures your projects are visually stunning and resilient in the face of unforeseen challenges. Call Provident Protection Plus today for more information.

About Provident Protection Plus

For more than 65 years, Provident Protection Plus has served businesses and residents across several states nationwide. Today, we are a wholly owned subsidiary of Provident Bank, the region’s premier banking institution. To learn more about our coverage options, contact our specialists today at (888) 990-0526.