With comprehensive coverage designed specifically for owners of major construction projects, this program also covers contractors’ and subcontractors’ interest in the project. Coverage includes materials at the job site, property in transit, loss of income or tax revenue to the owner if the project is not completed on time due to a covered loss, and additional costs to rebuild the property.
Coverage at fixed cost for the term of the project
Premiums and coverage limits controlled by the owner
Blanket all-risk coverage
Off-site storage coverage
Transit coverage for materials and other property
Optional coverage for a delayed opening caused by a covered peril
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