Builder Risk and Construction Delay Insurance policies are generally written to protect the policyholder from costs associated with delays from completion of a project on time. Construction projects have thousands of moving parts and can be quite complex. If any of these moving parts fail the entire construction project can come to a screeching halt.
Because of the complexity of construction projects the policy can be quite complex as well and will often contain mistakes and be written incorrectly. If you think you might have suffered an insured loss due to a delay in construction your best bet should be to contact an insurance policy expert who will work on your behalf when filing your claim.
Contact Experienced Public Adjusters to learn more.