A detailed exploration of Builder's Warranties, covering definitions, types, legal considerations, examples, and FAQs.
The Homeowner Warranty Program is a private insurance program that protects purchasers of newly constructed homes against structural and mechanical faults. It's a safeguard for homeowners and builders participating in the program.
Manufacturers and Contractors Liability Insurance provides coverage for liability exposures arising from manufacturing and/or contracting operations. This type of insurance specifically addresses on-premises operations for manufacturers and off-premises operations at construction sites for contractors. Important exclusions include activities of independent contractors, explosion damage, collapse, and underground property damage.
An in-depth exploration of wrap-up insurance, including its definition, main types, coverage details, and practical examples.
