Risk
Builder’s Risk Coverage—Construction Defects
A standard builder’s risk policy may or may not cover losses from defective construction but there are alternatives that can help with specific costs associated with construction defect loss.
By Brian Hearst
June 16, 2019
Topics
Risk
by Brian Hearst
With more than 30 years of experience, Brian Hearst works with construction clients on complex risk and insurance programs in Lockton’s Mountain West operations, which includes Seattle, Denver, Phoenix and Las Vegas. Lockton is a global professional services firm that specializes in risk management, employee benefits and retirement services. Through this expertise, Lockton helps clients protect their most valuable assets – their people, property and reputation.
Related stories
Risk
Three Common Causes of Electrocution on Construction Sites and How to Avoid Them
By Randy Dombrowski
Electricity is an unavoidable presence on every construction site—but electrocution doesn’t have to be. Here’s how to keep crews safe.
Risk
The Future of Fire Protection in EV Battery Facilities
By Stuart Bradbury
As more and more EV-battery manufacturing facilities begin to operate in the United States, it's important that those who build the facilities know how to fire-proof them.
Risk
Executive Insights 2025: Leaders in Surety Bonding and Insurance
By Construction Executive
Leading experts in surety bonding and insurance share their top insights for contractors.