See How Multi-Locations Save Big with Builders Insurance
A comprehensive builders insurance policy typically includes several key components:
1. **Property Coverage**: Protects the physical structure and materials on-site from damages caused by fire, wind, theft, and vandalism.
2. **Liability Coverage**: Covers legal fees and settlements if your company is found liable for injuries or damages during construction.
3. **Equipment Breakdown**: Ensures that any machinery or equipment essential to your project is covered in the event of mechanical failure.
4. **Business Interruption**: Compensates for lost income if your operations are halted due to a covered event.
These components work together to provide a safety net that allows multi-location businesses to operate confidently and efficiently.