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B.BUILDERS RISK BROAD FORM Endorsement. In consideration of an additional premium, we provide Builders Risk Broad Form coverage as described on the Coverage Summary page.3.PROPERTY COVERAGES DEFINITIONS Project
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Builders risk broad form is a type of insurance that provides coverage for damage or loss to a building under construction.
Contractors, subcontractors, developers, and property owners involved in a construction project are required to file builders risk broad form.
Builders risk broad form can be filled out by providing information about the construction project, such as the location, value of the property, duration of the project, and potential risks.
The purpose of builders risk broad form is to protect the investment in a construction project by providing coverage for damage or loss during the construction process.
Information such as the project location, description, value of the property, duration of the project, and potential risks must be reported on builders risk broad form.
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