Builders risk insurance covers materials, fixtures, and equipment slated for use in the construction or renovation of a building. If any of the items become damaged or unusable, the insurance covers the expense of the loss. The specifics of this type of policy depends on the insurance company that offers the policy. But here’s an …

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It is extremely important to have builders risk insurance for any construction project, but it is complicated and often confusing. This type of insurance does not have any standardized policy forms and coverage can vary widely between insurers and projects. This article will discuss builders risk coverage and important things to consider before deciding on …

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