Builders Risk Insurance

 

House Building Insurance

More Info With a builders risk policy, property owners and contractors can protect their property financially while it is being built or renovated. The builders risk insurance policy was created to provide protection against certain perils that construction sites might be exposed

Comments

Post a Comment

Popular posts from this blog

Construction Tips: Hiring the Right Concrete Contractor

Image
  www.accessinsurancecompany.net  You are giving your valuable assets to a concrete contractor when you hire them to perform any type of renovations or construction work. The experience, work method and technique of contractors will determine the quality of the work. It is crucial that you hire the right people to do the job. Here are some tips for hiring concrete contractors. Check their licenses and certifications If you're negotiating with concrete contractors, you should first verify their licenses. You can inquire with the state's licensing board or department to verify this. You should also inquire about any claims that contractors or companies are affiliated with Better Business Bureau. It is also a good idea to find out their past with these associations. Are they covered by an insurance policy? You should verify that they have proper bonded. A bond protects you against any damage to your property that is not necessary. You can also seek compensation if your contract i...
Read more

Changes in Building Codes Can Create Insurance Problems

Image
  Because of the improvements in building safety (sprinklers and construction materials, earthquake bracing), Building Codes are always changing. ), Changes in regulations that address social issues (wheelchair accessibility, counter heights etc. ), aesthetic, energy efficiency or zoning reasons. Even if your building was built in the past few years, it is likely that you will not be able to reconstruct it exactly as it was originally. You may respond to this by saying "So?" "So, my building is fine. I will take care of the code changes if this happens." Most code changes are only applicable to new construction. Existing buildings are grandfathered until they're remodeled or rebuilt. In some areas, mandatory upgrades are only possible if remodeling exceeds a certain threshold. You should always check with the building department before you start any minor remodeling. Otherwise, you might be surprised when they ask you to make changes that you didn't budget f...
Read more

A Guide to Business Insurance for UK Marine Trades

Image
  Click Here  Construction sites can be hazardous places to work. Materials and tools are often thrown around. Large, heavy objects can be moved from one place to another. Chemicals are used to unleash great forces. Sometimes, pressure and torchlight may be used. Even the most safe job sites can be dangerous. There are two types of accidents at construction sites: height-related and everything else. "Everything else" could include tripping on a hammer or getting electrical shock. Defective or unsafe machinery can also cause injuries. "Height-related", usually refers to a fall or an object that has been dropped from above. Construction site accidents can often lead to serious injuries. There are often many companies involved in an accident. It is not always easy to determine who is responsible. The injured worker may not know that a company is responsible, including the owner of the site, sub-contractor or construction manager, as well as materials suppliers and gene...
Read more