BLOG

April 1, 2020
Builder's Risk Policy extensions

Have You Read Your Builder’s Risk Insurance Policy? Does It Cover What You Think It Does?

Property construction or renovation is costly. If any damage occurs to the structure, equipment and materials you are likely to incur huge losses. So how do you minimize the risk of financial loss? Your Builder’s Risk Insurance covers structures under renovation or construction. It is also important to know that Builder’s Risk Insurance does not cover general liability.
February 10, 2020
disaster coverage for roofers

Does Builder’s Risk Insurance Provide Disaster Coverage For Roofers?

Disaster Coverage for Roofers is a must-have. But, will it be included with Builder’s Risk Insurance? It’s a confusing point. What is clear is that, across the nation, roofers tend to need more coverage. With 5.4% of all roofing incidents being non-fatal, there’s a need for roofers to be adequately protected against any eventuality. Cost implications of natural disasters The Insurance Information Institute collects statistics and data. They found insured losses in the U.S. in 2018 stood at $52 billion. But, that figure doesn’t include non-insured costs. Those are staggering figures and are increasing every year too.
February 5, 2020
Construction worker .Builder's Risk Insurance

Does Your Builder’s Risk Insurance Policy Cover What You Need It To?

In a market with little standardization, how can you choose coverage with the best Builder’s Risk Insurance policy extensions for your construction business? Just 5% of construction costs can put a dent in your pocket. So, although you may have a policy you feel is good enough, will it cover all your needs? In this guide we’ll look at 5 types of coverage a basic Builder’s Risk Insurance policy may not provide.
January 8, 2020
Builder’s Risk Construction Insurance

Experts Explain Builder’s Risk Construction Insurance – Part 2

Construction Insurance is the overall name for insurance policies that protect property owners and contractors from financial loss during construction. Depending on the construction specifications, you […]
INSTANT QUOTE
English