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Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?

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However, it will not be covered for liability claims under a Builder’s Risk policy since that policy is not designed to cover the contractor’s operations, such as poor workmanship or negligence. Instead, a contractor’s operations liability should be covered by a separate Contractor’s General Liability policy.

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Builder’s Risk Insurance in Alabama: A Broker’s Guide 

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Our program also offers your clients general liability insurance, which can help cover legal costs that can occur on work sites.  For instance, employees injured on the job should be covered by their Contractor’s General Liability policy.   Our Builder’s Risk program does not cover some specific risks.

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Hotel Primary Insurance: A Check-In to Success for Insurance Brokers

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The primary general liability (GL) coverage has a specific geographic restriction: it is not available for hotels located adjacent to the beach in Hawaii. Property and Liability products are distributed through a national network of agents and brokers. Coastal restrictions apply in other states.

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Builder’s Risk Insurance Declinations: An Interview With Susan DeCarlo

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And regarding coverage, if the named insured is the builder, or there is a relationship between the named insured and the builder, in that capacity we would exclude general liability coverage. For example, our Builders Risk program is 100% online, meaning a licensed agent can submit and bind online for qualifying risks.

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Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

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Premises liability claims : Legal expenses and liability coverage related to any injuries, including trips and falls, that occur on the site. Our program also offers the following coverages: General liability insurance Mold and fungus Off-site materials in transit How Much Does Builder’s Risk Cost in Tennessee?

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Builder’s Risk Insurance in Michigan: Online Quotes, Coverages, and Costs 

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This means complete property protection in the event of damages from: Extreme weather events Vandalism Theft Fire Beyond property damage, Distinguished also offers coverages for: General liability Soft costs Mold and fungus Off-site materials in transit How Much Does Builder’s Risk Cost in Michigan?

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Builder’s Risk Insurance in Georgia: Coverages, Costs, and More 

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This includes coverage for: General liability : Covers legal costs and damages that arise from lawsuits related to this construction, renovation, or betterment project. Property and Liability products are distributed through a national network of agents and brokers.

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