This is a discussion of the builders risk coverages that can be found in the ISO building and personal property coverage form, as contrasted with those found in the builders risk coverage form and the effects on coverage if the builders risk renovations endorsement is also attached.
January 15, 2024 at 05:31 AM
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Building construction is big business, whether its new construction, updates to existing buildings, or simply a remodel for aesthetic or efficiency purposes. Here we will go over the existing builders risk coverage that is built into the commercial property policy, CP 00 10, the builders risk coverage form CP 00 20, and bring forth some considerations of when an insured might need to purchase a separate builders risk policy.
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