Which of the following is NOT typically covered under a Builders Risk Policy?

A Builders Risk Policy is specifically designed to protect buildings while they are under construction. This type of insurance typically covers various risks associated with the construction process, but it does have limitations on what is included.

When considering the options, permanent landscaping features are not considered part of the construction project's physical structure and are generally viewed as completed enhancements rather than part of the construction phase. As a result, permanent landscaping features would not be covered under a Builders Risk Policy. This is because such items are typically not at risk during the construction process, as they are not necessary for the building's immediate purpose and can often be separately insured under a homeowners or commercial property policy upon completion.

On the other hand, temporary structures, construction materials on the site, and tools and equipment are essential to the construction phase and are typically included in the Builders Risk coverage to protect against theft, damage, or loss. Therefore, the most fitting answer, in this case, is the permanent landscaping features, as they fall outside the scope of what a Builders Risk Policy is intended to protect.