When a man-made or natural disaster interferes with your construction project, you’re left with an even more disheveled property. On top of that, additional costs are incurred when completion dates are delayed. Despite your business hanging on the line, insurance companies continuously throw low offers your way, underestimating how disastrous the issue has become.
For construction and renovation projects, a builder’s risk insurance policy will cover certain damages up to the value of the structure, including materials and labor costs. Most policies will cover damage caused by fire, hail, lightning, wind, vandalism, and explosions. But it’s imperative to have a complete understanding of what limitations or exclusions your insurance policy outlines.
That’s where we come in. United Public Adjusters has seen many similar situations, leaving us skilled in the negotiation process. When a property is harmed in its most vulnerable state, maximum claim benefits are more crucial than ever. In the event of a builder’s risk property damage claim, hire an expert to stand on your side.