Archive - June 9, 2016

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Don’t Fall Into the Hole: Potential Exposures for Construction Owners

Don’t Fall Into the Hole: Potential Exposures for Construction Owners

By: Grace A. Nguyen
Published by AmWINS – Download Article
June 9, 2016

As always with construction projects, it is important that owners of new developments understand insurance coverage to ensure that there is adequate insurance to address any potential risks during and after the construction of the project. While most owners maintain commercial general liability policies or rely on project-specific policies, these policies may not fully protect the owner against any and all risks that they may face during and after construction. This article addresses two unique areas in which owners should take special note to ensure that they are covered for these particular risks: third party action over claims and products-completed operations coverage.

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