FAQs

It follows physical damage, which is what rules most of the disappointments out. There has to be direct physical loss or damage to covered property from a covered peril, ...

Secure the site first, then document before anything is cleared. Photograph the damage in place, and keep the daily logs, the schedule, the subcontractor list, and the delivery tickets ...

Yes, builder’s risk is commonly used for renovation work as well as new construction. It typically covers the work in progress and the materials intended to become part of ...

Not in the base form. That is soft cost and delay in completion coverage, added separately. The base policy pays to repair the damaged work. It does not pay ...

Usually everyone with money in the project, and the order matters. The owner, the general contractor, and the subcontractors each have an insurable interest, and a policy naming only ...

Builder’s Risk Insurance typically does not cover injuries on the job site, employee theft, or liability claims. Those usually sit with General Liability Insurance and Workers’ Compensation. Builder’s risk ...

The venue decides the floor. Public venues publish theirs. State Parks asks for a $1,000,000 combined single limit per occurrence, and Los Angeles County Parks for $1,000,000 per occurrence ...

Not by your policy, and the fix is to require theirs. A caterer, a band, a bounce house operator, or a valet service each carries its own exposure, and ...

Liability and cancellation answer differently. Event liability is written against the venue’s requirement, and the venue’s own clock is usually the binding one. California State Parks wants the certificate ...

The venue often answers that before you do, and headcount does matter. California State Parks requires a special event permit and insurance above 25 people; Los Angeles County Parks ...