PREMISE LIABILITY COVERAGE
Premise liability coverage acts much like liability insurance on your home. It is meant to be extra protection for the area outside of the care custody and control of your contractor. An example would be a shared driveway, boulevard or any area that is not within a construction fence. If someone were to slip and fall outside of the area you could be liable. This coverage can be added as a standalone policy. An active home owners or tenants policy can extend to cover the project site. This coverage is different to the General Liability coverage.
Designated Premise Liability Coverage or Owners, Landlords and Tenants Liability Coverage is a insurance policy that covers liability associated with the Ownership, Maintenance or Control of an insured premises. The coverage is very important to have if you are a property owner who has hired a General Contractor to do a renovation or build. Premise Liability Insurance covers claims brought forth against the property owner for Incidental Bodily Injury and Property Damage.
Quote, Applications and Instructions emailed
to you Instantly. Unsure? Email Us.
* Denotes a Required Field.
Talk to a Builder's Risk Expert!