Generally Builders Risk policy coverage includes building materials and supplies as they are delivered to the site until the
structure is completed or permanent insurance coverage is in force.
SAMPLE CLAIM SCENARIO
A large contractor specializing in building residential subdivisions has built a model home and extended the builders risk
policy past the 12 months it took to build the home. The house was vacant and a pipe burst in the bathroom, which leaked
all over the house causing a $29,367 water damage loss to the home. Is it covered?