Exclusions In Construction Insurance Policies
Construction general liability policies are expensive in today's market. In response to this, insurance underwriters have attempted to make policies less expensive. Insurance companies do this by adding exclusions to policies which limit the instances where a carrier may have to pay. How exclusions make insurance less expensive So for example, projects for new residential construction result in far more claims than residential remodel projects. Therefore, if a contractor only performs residential remodels, adding a [...]