Category: Builder’s RIsk

Builders’ Risk Coverage and the Steps Before Starting a Project in New York

Builders’ risk coverage is one of the essential insurance policies every builder needs to have before starting a project in New York. But what exactly is builders’ risk? In this article,

Determining The Best Builders’ Risk Insurance Coverages

Finding the best builders’ risk insurance coverages is sometimes complex, and you must guide your clients. Builders’ Risk Insurance is a particular type of property insurance designed to protect properties under construction.

What Your Clients Should Know About Builders’ Risk

Construction projects are inherently risky, and builders’ risk is there to cover the potential pitfalls. Although there may be a great pay-off after the completion of a building project, there

Construction Trends for 2022 and Beyond

Construction trends for 2022 may mark a significant change and an upheaval for the construction industry, going forward. And with many projects still delayed or canceled, this year probably won’t

Understanding Builder’s Risk Insurance for High-Rise Apartments

Understanding builder’s risk insurance for high-rise apartments is essential to navigating rough waters. Starting a business such as renting out a high-rise apartment comes with risks. As an insurance agent, you need

What Does Builder’s Risk NOT Cover?

When embarking on a construction project, builder’s risk insurance becomes a necessity. The insurance is also known as “all-risk” insurance, and it protects developers and property owners from a wide

Factors to Consider When Purchasing Builder’s Risk Insurance

Building a house or a building can be an overwhelming and nerve-wracking experience. Every owner wants their property secured from harm. Builder’s risk insurance is ideally suited for this purpose,

Exploring Construction Trends for 2022

This early in the year, 2022 is fast shaping up to be one of the most interesting periods in the construction industry yet. In many ways, we can expect more

Builder’s Risk: New Build vs. Unsold Dwelling

For many homeowners, the choice often comes down to getting unsold dwelling insurance for the second year or sticking with builder’s risk insurance. Whatever your client ultimately decides, it is

Post-COVID Builder’s Risk Insurance Considerations

COVID-19, as we all know, has affected more than millions of people around the world. Other than our way of living, businesses also experienced the effects of this virus, especially

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Category: Builder’s RIsk