Builder's Risk Insurance

Information

These types of companies can be part of a repair yard, or a company that does only new construction. Most common among the new construction are yacht builders, who have many of the exposures of repair yards plus a much greater products liability exposure.

For design work Naval Architects Errors and Omissions coverage is needed.

Coverages unique to builders might also include Launches and Sea Trials.

	Questionnaire
	Name: Email: Street Address: City, State, Postal Code: Phone: Fax: Name of Builder: Principal Business Address: List all premises where operations are performed (include corporate addresses): Yard is completely fenced Yard is lighted Yard is under watchman service at all times when premises are not open for business There is an alarm system with outside gong or siren Fire drills are held How often: Some areas are subject to flooding Explain: