| During the
course of construction there is an exposure to direct
property loss involving equipment and materials to be
installed, as well as to work already put in place and any
pre-existing structures. Property damage can result from
numerous perils, such as fire, windstorm, flood, collapse,
theft, explosion, etc. Builders Risk insurance is designed
to protect against these direct property damage risks, and
via supplementary coverages, a host of indirect losses such
as extended interest, lost income, etc.
Since there are numerous builders risk policies on the
market today there are seemingly infinite variations in
coverage format, exclusions, conditions, etc. Moreover, most
Builders Risk carriers prefer to design their own manuscript
forms since specific risks require individual underwriting
treatment.
At Johnson & Bryan Construction Services we have the
expertise, experience and market presence to design and
place a Builders Risk program that is written with the
broadest terms and conditions, and at the best possible
price, while providing the coverages that are most important
to your project’s unique characteristics. |
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