Program Details
On Demand

Builder's Risk Insurance Coverage: A Primer

Content Partner:  HB Litigation Conferences
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Price: $195.00*
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Description: Builder’s risk insurance is a specialized type of first-party insurance coverage that insures projects while under construction.  Coverage typically ends under  a builder’s risk insurance policy when commercial operations or use and occupancy commences.  At that point, it is necessary for an insured to obtain other, first-party insurance coverage.  This lecture will provide an overview of builder’s risk insurance coverage and describe the types of loss that are covered and those that are not.  Builders risk insurance claims can be very complex and it is important to understand the limitations on coverage under a builder’s risk insurance policy.         
What core concepts are addressed?

(1) The types of losses covered under a builder’s risk insurance policy;

(2) when coverage begins and ends under a builder’s risk insurance policy;

(3) the standard exclusions contained in a builder’s risk insurance policy; and

(4) recent development in the case law concerning builder’s risk insurance policy.    
Two recent cases, which address many of these issues, will be discussed in detail: W2001Z/15 CPW Realty, LLC v. Lexington Ins. Co., 2014 WL 264468 (N.Y. Sup. Ct. Jan. 22, 2014) and E3 Biofuels-Mead, LLC v. Zurich American Ins. Co., 2012 WL 6554437 (D. Kan. Dec. 14, 2012).  

Learning Objective:

To provide an overview of builder’s risk insurance coverage for both experienced individuals and those new to this type of insurance coverage.   

Practice Areas: Construction Law, Insurance Law
Online Media Type: Audio
Production Date: 04/10/2014
Level: Basic
Category: Standard
Duration: 1 Hours, 0 Minutes
Online Format: On Demand

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Total Credits: 1
Specialty Credits: 
Status: Reciprocal Credit Available
Expiration: N/A
Training Type: Online

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William D. Wilson - Partner, Mound Cotton Wollan & Greengrass
This product is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

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