special hazards insurance

special hazards insurance

Additional perils insurance to be included in property insurance (as provided in contract documents or requested by contractor or at option of owner) such as sprinkler leakage, collapse, water damage, all physical loss, or insurance on materials and supplies at other locations and/or in transit to the site.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
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