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Builder's Risk insurance is a type of insurance that provides coverage for buildings during the course of construction. This coverage protects insureds against damage or loss of equipment, materials, and/or fixtures used during construction or renovation; prior to the acceptance and delivery of the building to the owner.
Topics: Builder's Risk, Property Coverage
image credit: Piyapong Wongkam/shutterstock.com
Builder's Risk insurance is a type of property insurance that provides coverage for buildings during the course of construction. This coverage protects insureds against damage or loss of equipment, materials, and/or fixtures used during construction or renovation. Coverage occurs prior to the acceptance and delivery of the building to the owner. In this blog post, you will learn about the basics of builder's risk, with 5 key facts.
Topics: Builder's Risk, Property Coverage
image credit: PhuShutter/shutterstock.com
Builder’s Risk insurance applies to any building or structure that is under construction. The General Contractor or Project/Property owner often purchases this coverage.
Topics: Builder's Risk, Property Coverage
