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ContractorFor any construction project, large or small, one of the first decisions you will have to make concerns the responsibility for proper insurance coverage while the project gets under way and remains in progress.

Builders, developers, and often the ultimate buyers provide insurance on projects during construction.

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  • Do you need builder's risk coverage to protect against any losses resulting from damage to the project itself?
  • Do you have materials at the job site or stored elsewhere? How are these covered?
  • Does your lender have any specific insurance requirements?
  • What about third party liability claims? How can these be handled?
  • Are all parties named on the policy so each is offered protection?

These questions and many more are typical risk management questions. Our team of construction experts can help you answer these and many more. Call us and we'll be glad to help.

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BUILDERS INSURANCE BASICS

» What is Builder's Risk Insurance?
» What are Installation Floaters?
» What are Wrap Up Programs (OCIP's)
» What are Contractor Bid/Performance Bonds?
» Contractor / Developer Bonds with Aloha Insurance

Portions courtesy of and © Insurance Information Institute (www.iii.org) Copyright © 2001-2008 Aloha Insurance Services, Inc. All rights reserved.
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75-5931 Walua Road
Kailua Kona, HI 96740
Phone: 808-334-0044 Fax: 808-334-0115
Toll Free: 800-483-0333
  Pali Palms Business Plaza
970 N. Kalaheo Ave., Ste A203A
Kailua, HI 96734
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