Builders Risk Insurance
What is Builders Risk Insurance?
Builders' Risk Insurance for residential and commercial properties protects structures during construction or repair. It protects against a variety of dangers, including fire, theft, and weather-related damage. This insurance is required for property owners and contractors to protect against financial losses during the construction process. Coverage normally ceases when the project is completed or the property is occupied. Specific terms and coverage specifics can vary, so consultation with an insurance specialist is required to verify the policy meets the needs of the project
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