Very few purchasers of Builder’s Risk insurance are aware that coverage ceases in two ways and not just at policy expiration. At expiration as everyone is aware , coverage also ceases when a project, recently completed is awarded it’s Certificate of
Occupancy by the municipality it is located in. Rather than write the article again here, I just thought I would provide the link.
Do You Know When Your Builders Risk Policy Expires??
Hopefully you are reading this prior to your loss!
