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In: Finance

Which is the best insurance policy cover a course of construction ?

Which is the best insurance policy cover a course of construction ?

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Expert Solution

Answer : One of the best insurance policy that cover the cource of construction is Builder's Risk Insurance .

Builder's Risk Insurance is insurance policy for buildings & structures when they are under construction. The insurance policy also covers Building Material , Foundations , Trees and plants by the builder and so opn . Mostly, the basic builders risk insurance policies covers damage caused by Fire ,weather etc.Course of Construction or Builder’s Risk insurance is meant to protect owners, developers, & contractors when doing renovation/construction work .


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