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Builder’s Risk Coverage is designed to cover the property loss exposures that fall outside the scope of standard property coverage. Whether in-transit, on-site, or at off-site storage locations, property involved in construction projects can be subject to risks such as:
- Exposure to elements
- Unstable property value
- Change of property ownership
Given these unique coverage issues, the typical contract between an owner and a contractor requires one of the parties to procure Builder’s Risk Coverage for the project.
Experience the comfort of having your own Risk Management Team by calling our office today!
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