Читать книгу Building Your Custom Home For Dummies - Peter Economy - Страница 43

If you arrange outside financing for your project, the lender requires insurance to cover several issues, including at a minimum:

 Liability

 Workers’ compensation

 Course of construction (sometimes called builder’s risk)

Even if you finance the project 100 percent out of your own pocket, you still want to protect yourself. This section outlines the different insurance policies necessary to protect your project and yourself. Don’t wait to discuss these policies with your insurance agent. Not all carriers have these policies available, so you may need extra time to find a carrier and shop for the best price.