WebApr 28, 2024 · Lightning. Hail. Explosions. Theft. Vandalism. Hurricanes and other “acts of God”. A builder’s risk policy may cover: Buildings and structures that are under construction, including ... WebJul 23, 2024 · Products-Completed Operations Insurance. This coverage is usually part of a general liability insurance policy, but it is important to understand its specific …
Understanding the Defects Liability Period in Building Contracts
WebJun 20, 2016 · One of the most stressful aspects of purchasing, building, or remodeling a home is the potential for known and unknown construction defects. A construction defect -- such as a faulty electrical system, roof cracks, leaking pipes, or other structural failure -- can significantly reduce the value of your home, not to mention cause unnecessary … WebDefects and warranties. Closely inspect the finished project and list any items of concern. Contracts for new homes come with a warranty known as the ‘defects and liability period’ (usually 13 weeks for new homes). Ask your builder for more detail, as the period covered can vary from builder to builder. baseball radar gun cheap
Construction Defects: Who Is Responsible for What?
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