While a construction project is underway, who should be responsible for the Property insurance on it -- the project owner or the general contractor? Often, the contract puts this responsibility on the owner. However, some courts have decided that the...
Your last newsletter discussed the benefits of Building Ordinance insurance. If you're planning to build on your property or adding to an existing structure, a related policy - Builders Risk - can protect you from losses during construction, helpin...
Coinsurance clauses are commonly found in a Builder's Risk Completed Value policy. As one might deduce merely from the name, a coinsurance clause involves the policyholder becoming a co-insurer of the risk of loss with the insurer. In other words, ce...
Coinsurance clauses are commonly found in a Builder's Risk Completed Value policy. As one might deduce merely from the name, a coinsurance clause involves the policyholder becoming a co-insurer of the risk of loss with the insurer. In other words, ce...
Builder’s Risk insurance, also known as Course of Construction insurance, covers property that’s under construction. As a contractor or construction professional, you must understand this important coverage.
What is Builder’s Risk Insurance?
A ...