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The Importance of Commercial
Builder’s Risk Insurance On
Construction Projects
Overviews
There are risks associated with every
construction project. During the building
process equipment can become
damaged, fire can destroy parts of a
project, and even high winds can cause
problems. There are also a number of
problems that can happen during a
project that were not anticipated.
Coverage
The policyholder should purchase insurance sufficient
to cover the estimated total value of the construction
project. In many cases, this is the selling price of the
building or house with the cost of the land deducted.
Claims Process
It is important to know about an insurance company’s
claim process prior to purchasing a policy. A person
will want to know how fast the company pays claims
and what the process involves.
Professionalism
In any economy, the construction industry will face a
number of challenges. Commercial builder’s risk
insurance is one way a property owner or others can
have a sense of security about the project.
Contact Us
For More visit : www.insuremetoo.com
Address: 9140 Leslie Street, Unit 104 Richmond
Hill, Ontario, L4B 0A9
Phone No: (877) 482-5001
Social Media Connect:
The importance of commercial builder’s risk insurance on construction projects

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The importance of commercial builder’s risk insurance on construction projects

  • 1. The Importance of Commercial Builder’s Risk Insurance On Construction Projects
  • 2. Overviews There are risks associated with every construction project. During the building process equipment can become damaged, fire can destroy parts of a project, and even high winds can cause problems. There are also a number of problems that can happen during a project that were not anticipated.
  • 3. Coverage The policyholder should purchase insurance sufficient to cover the estimated total value of the construction project. In many cases, this is the selling price of the building or house with the cost of the land deducted.
  • 4. Claims Process It is important to know about an insurance company’s claim process prior to purchasing a policy. A person will want to know how fast the company pays claims and what the process involves.
  • 5. Professionalism In any economy, the construction industry will face a number of challenges. Commercial builder’s risk insurance is one way a property owner or others can have a sense of security about the project.
  • 6. Contact Us For More visit : www.insuremetoo.com Address: 9140 Leslie Street, Unit 104 Richmond Hill, Ontario, L4B 0A9 Phone No: (877) 482-5001 Social Media Connect: