E-books are a modern and easy way to learn about certain subjects that don’t have a lot of written material available. Buildersrisk.net shares reliable information about Builders Risk Insurance in their new E-book.
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John Brown, CEO of Farmer Brown Insurance Agency, specializes in commercial insurance. Contractors, business owners, homeowners and the general public can benefit from the information shared on his sites buildersrisk.net, Contractorsliability.com and SeguroDeCasa.org. With over 25 years of experience, John focuses his efforts on making things easier for his clients. He often shares some tips and tricks that come in handy at the time to buy any type of insurance policy. This time, he announces the launch of the virtual booklet: “Understanding Builders Risk Insurance.” This E-book was recently published on the website buildersrisk.net
You’re not alone. The insurance world can be a maze for most people. Finding the right path that leads a client to a suitable insurance policy is definitely a challenge. There are multiple factors that will determine the policy coverages. Some of those factors include the type of business or property that needs to be insured, their risk exposures, the project size, the investment amount, and many others. Getting a good builders risk insurance policy is not different. In this case, there are some special factors to consider such as the length of the policy period and the coverage preferences for the structure itself.
Understanding this type of commercial insurance can be tricky. Most homeowners making renovation on their property don’t know the importance of requesting Builders risk insurance from the contractor. This situation is understandable. Most insurance companies don’t take the time and explain the importance of paying attention to details.
This E-book offers simple explanations to a rather complicated subject. “Understanding Builders Risk Insurance E-book” focuses on those details that might go overlooked, but later on could bring unpleasant surprises. At the same time, it’s not meant to dive into the depths of this specific insurance. This E-book is intended to offer a flashlight to highlight this particular part of the insurance maze.
A Builders Risk Insurance Policy is a type of property insurance. It was designed to protect the structure of a building going under construction. It could also protect the materials on site or in transit. Clients have the option to choose different type of policies according to their coverage preferences. They can either choose to protect only the new structure being built or the entire building with the old structure included. In proper insurance terms these coverages are called replacement cost or actual cash value, respectively.
It’s clear that the risks during the course of construction are countless. Being prepared for those risks is just part of a smart decision. A builders risk policy may offer coverage for risks such as theft, vandalism, fire or hail.
It’s also good to know that a homeowners insurance policy will not offer coverage, if there is a catastrophe during the construction process. Builders risk insurance is intended to offer protection for this specific time frame when the project is being completed.
In these modern times, contractors or any other interested party can be insured as fast as they want. This situation can be beneficial. But, at the same time, it can easily lead to big mistakes. The lack of attention to the coverage, as well as the exclusions, may cause trouble along the way and most likely at the worst timing. This E-book highlights the importance to pay attention to what you’re buying before you buy it. It encourages the reader to be curious and ask the right questions.
According to John Brown, an informed client is the best client. An insurance agency is not only in charge of providing insurance quotes but is also the point of contact between a client and the insurance company. That being said, if an under-informed client chooses the wrong policy for the project, the agent would have to deal with the solution. Being able to provide the best policy is a challenge that insurance agents take on a daily basis. This E-book shows what clients need to know to make a smart decision. After all, someone who’s willing to make an investment for the safety of their project should also be willing to invest time to read this information.
The key to a successful remodeling or construction project is not hidden anymore. Quality information is at your fingertips. This free E-book offers answers to some common questions that clients and contractors may have about Builders Risk Insurance. The E-book is available at https://buildersrisk.net/understanding-builders-risk-insurance-ebook/
For more information, interested parties can visit the website https://buildersrisk.net/ where they can also find complementary services and their latest news about insurance.
By Laura Aguinaga
I’m a content writer who enjoys creating stories to captivate and lead my readers to learn about subjects that could be complicated in an amusing way.
Contact Info:
Name: Razelle Francis
Email: Send Email
Organization: Builder’sRisk.Net
Address: 363 N Sam Houston Parkway E Suite 1100 , Houston, TX 77060, United States
Phone: +1-877-960-0221
Website: https://buildersrisk.net/
Source: PressCable
Release ID: 89043745
COMTEX_392465713/2773/2021-08-30T23:14:47
