Builder's Risk Breakdown: What HOAs Should Know Before Starting a Project Ep.40

Insurance is one of the most misunderstood parts of planning a construction project—and builder’s risk coverage is often the biggest question mark. Does your contractor’s policy cover enough? Is builder’s risk even necessary for repair work? What happens if you skip it?

 

In this episode, your Building Doctor unpacks the key insurance policies at play in a typical condo remediation, explains exactly what builder’s risk covers (and what it doesn’t), and helps you figure out when it’s worth the investment. Whether you’re in the early planning stages or just want to feel more confident making board decisions, this is one you won’t want to miss.

 

Topics Covered in This Episode:

Common Insurance Policies at play in a Condo Remediation
What is Builder's Risk Insurance and What Does It Cover
When Does It Kick In and End

How Is It Different and Why HOAs Should Consider It

Common Misconceptions 
When It's Worth It vs When It's Not