builder's risk insurance


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builder’s risk insurance

A specialized form of property insurance to cover work, 1 in the course of construction. Also see property insurance.
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At the time of that incident, Extell was the named insured on a program of builder's risk insurance containing coverage in the amount of $700 million, that is, the total estimated cost of the project.
Construction Crane Loss Is Not Covered Under Builder's Risk Policy Due To "(Contractor's Tools" Exclusion: Lend Lease (US) Constr. LMB Inc. v Zurich Am. Ins. Co
Gloria testified she scheduled the meeting because they needed a builder's risk insurance policy to obtain a $234,000 mortgage from their bank.
Risky building: ensure that insureds have agreed to and read an application
bodes well for the continued availability of comprehensive builder's risk insurance at an affordable price.
A landmark for builder's risk insurance policies
Weitz had obtained a commercial builder's risk insurance policy from Liberty Insurance Underwriters Inc.
Role change: an Arizona court clarifies inland marine's growing influence in builder's risk
Purchased by a single entity and administered by the same broker and insurance company, this coverage typically includes general liability, excess liability, builder's risk insurance and workers' compensation.
Owner-controlled insurance programs can help cut costs
In his lawsuit, Defoe argues that his insurer was negligent because it failed to procure builder's risk insurance and activate it in a timely fashion.
Rough ride
Should you buy builder's risk insurance or assume the risk of constructing the new building yourself?
The Ins and Outs of Planning

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