Eric Hymowitz, president of ROC Homes, has extensive experience in homebuilding and construction, overseeing numerous projects. Construction insurance encompasses various policies that protect stakeholders involved in building projects, with coverage types including builders risk insurance and general liability insurance. These insurances are vital for safeguarding against potential risks associated with construction activities.

1. Eric Hymowitz

2. A member of the National Association of Home Builders, Eric
Hymowitz has overseen numerous homebuilding and construction
projects throughout his career and currently guides Houston-
based ROC Homes as owner and president. Eric Hymowitz draws
on over two decades of experience in the construction industry.

3. Construction insurance is an umbrella term for insurance plans
that cover policyholders while they're working on a building
project. Construction insurance refers to any policy that is
applicable to building projects. The sort of construction insurance
coverage required for a certain project is determined by a number
of factors including the person(s) involved in the project (such as
contractor, subcontractor, and the property owner), the type of
property to be insured, and the entity purchasing the insurance
(company or individual).

4. A contractor for the same project may demand multiple forms of
coverage based on the contract's nature. Three common types of
construction insurance coverage are:
1. Builders risk insurance
Sometimes referred to as course of construction (COC) insurance,
this covers buildings and other structures while they are being
built. The most popular sorts of building projects include
residential new construction, commercial property construction,
and model houses, which are all covered by insurance companies.

5. 2. General liability insurance
Also known as commercial general liability (CGL) insurance or
contractor general liability insurance, this is a type of insurance
that protects firms from liability claims resulting from physical
injury or property damage while conducting business. In most
cases, general liability insurance coverage will cover a wide range
of losses, including job-related injuries, faulty workmanship, and
advertising injuries.