In general, construction insurance policies are designed to cover buildings or structures on the property during the course of construction, that includes all extensions directly fixed to the structure and fixtures, equipment and machinery that could be considered as part of the building (like boilers, HVAC systems, or Electrical systems).
Usually, temporary structures are also covered like on-site materials and suppliers that are used in the construction. Some policies can be increased to include materials that are used in transportation to the property with extra cost.
Generally, a builders construction insurance policy does not cover fences, signs, walkways, roadways, or swimming pools. Also buildings near water, wharfs, docks, dams, tunnels, bridges, and underpasses are usually not covered. Damage to lawns, trees, and plants are also not covered. Even, underground structures are generally not covered, like foundations, pipes, drains, and the costs of excavation, grading or filling. The policy also excludes certain types of destructive events like earthquakes, volcanoes, landslides, floods, and tidal waves (tsunamis). Water damage is generally excluded where the water comes from below the surface, leaking pipes, and seepage through foundations.
The policy for workers life - working at the construction site.
Usually, temporary structures are also covered like on-site materials and suppliers that are used in the construction. Some policies can be increased to include materials that are used in transportation to the property with extra cost.
Generally, a builders construction insurance policy does not cover fences, signs, walkways, roadways, or swimming pools. Also buildings near water, wharfs, docks, dams, tunnels, bridges, and underpasses are usually not covered. Damage to lawns, trees, and plants are also not covered. Even, underground structures are generally not covered, like foundations, pipes, drains, and the costs of excavation, grading or filling. The policy also excludes certain types of destructive events like earthquakes, volcanoes, landslides, floods, and tidal waves (tsunamis). Water damage is generally excluded where the water comes from below the surface, leaking pipes, and seepage through foundations.
The policy for workers life - working at the construction site.
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