Q&A

How 'delay in completion' coverage applies in builders risk

Coverage Q&A: Construction projects often face delays that require a special endorsement to ensure insurance coverage.

Builders risk insurance protects a person’s or organization’s insurable interest in materials, fixtures and/or equipment to be installed during the construction or renovation of a building or structure. (Photo: Shutterstock)

Every claim is different, and some insurance policies can be difficult to interpret for unique situations. FC&S Expert Coverage Interpretation, the recognized authority on insurance coverage interpretation and analysis for the P&C industry, makes it simple to find credible answers to your complicated coverage questions. Analysis brought to you by our FC&S experts.

Editor’s Note: This week’s question concerns coverages provided under a “delay in completion” endorsement added to a builders risk insurance policy.

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