Builders Risk 


Summaries:

  1. An error during construction causes significant water damage to project
  2. Project sustained water damage due to a frozen pipe
  3. Freezing of water causes extensive damage to large scale renovation project
  4. Theft of materials causes financial loss as well as damage to the project, underlining the need for proper site security
  5. Poorly designed procedure to erect steel girder results in costs to remove and repair damaged girder
  6. Plumbing failure coupled with inadequate emergency protocols results in multi-million dollar claim to nearly completed project
  7. Flooding damage to hydroelectric projects causes significant delay claim as well as need for extensive remedial work
  8. Heavy wave conditions caused damage to underwater piling resulting in the need for significant remedial work
  9. Policy sublimit provides coverage for materials damaged in off-site warehouse fire

  FULL TEXT

The claims examples available in this section are for illustrative purposes only. Please remember that only the insurance policy can give actual terms, coverage, amounts, conditions, and exclusions.

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