To protect themselves from risk, contractors need to be keenly aware of how their contracts define ownership of property at every stage of construction. MCAA’s Builder’s Risk and Installation Floater Insurance explains what this insurance covers and provides steps to help contractors ensure that their company’s best interests are protected. It’s just one of MCAA’s educational resources that are free to MCAA members as a benefit of membership.
Through the lens of a case study highlighting the complexities of ownership for property directly involved in construction, the bulletin explores:
- Items typically covered in builder’s risk policies
- What installation floaters cover
- Suggested next steps
For a full list of available Management Methods Bulletins, including several on the topic of insurance, visit the Management Methods Bulletins page.
Have Questions or Need Personal Assistance?
Contact MCAA’s Frank Wall.