Shield Your New Construction With Builders Risk Secrets
Choosing the Right Coverage
When selecting a builders risk insurance policy, it's essential to tailor it to your specific project needs. Consider the following factors:
- Project Scope: Ensure the policy covers the entire scope of work, including any subcontractor activities.
- Duration: The policy should match the project's timeline, with options for extensions if needed.
- Exclusions: Be aware of any exclusions in the policy, such as certain types of natural disasters or faulty workmanship.
Consulting with an insurance broker who specializes in builders risk insurance can help you navigate these choices and ensure you get the most comprehensive coverage for your project.