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Construction Insurance Types

understanding construction insurance types and its impact to business
understanding construction insurance types

Construction projects are risky business. Every day, accidents or other unexpected worksite events result in losses or liabilities. By having construction insurance policies, the risk will be mitigated in ways so that the costs do not outweigh the benefits of a construction project.

There are five main construction insurance types :

  1. Commercial General Liability Insurance
  2. Property Insurance
  3. Builders' Risk Insurance
  4. Professional Liability Insurance
  5. Wrap Up Insurance.

These various construction insurance types create a seamless net of complementary coverage for all chosen risks without overlap with each other. 

understanding construction insurance types

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