A new builders' risk policy from XL Group looks to get rid of the “gray areas,” says the insurer.

XL Group's Builder's Risk and Installation Coverage Solutions (BRICS) contains more than two dozen property insurance coverage enhancements for single projects or multiple jobsites in North America.

The new policy form insures more types of property including landscaping, signs, temporary structures, and business personal property. It includes labor costs, change orders, delivery charges, and reasonable profit and overhead.

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