Financial Loss, General Liability and Marine

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Financial Loss

General Liability

Marine

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

Distinguished

OCTOBER 15, 2024

Financial Interest and Named Insureds In a typical Builder’s Risk policy , the named insured is the entity that has a financial interest in the construction project. This could be the contractor, developer, or property owner, depending on who stands to suffer a financial loss if the property is damaged during construction.

Policy

Policy Risk Broker-Agent Liability

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

Distinguished

SEPTEMBER 17, 2024

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. It’s important to monitor results and get ahead of future threats, and this can help minimize financial losses.

Risk

Risk Broker-Agent Deductible Insurer

Insurance Industry Brief

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

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

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