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Construction

Insurance

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Construction Insurance

Insurance contracts for construction risks take into account all customer requirements, as well as its financial capacity. An individual program may include the following items:
* Insurance of construction works;
* Insurance of erection works;
* Insurance of construction equipment;
* Insurance of equipment at the construction site;
* Extended maintenance period;
* Liability insurance for third parties during the construction works.

A fundamental element of the insurance policy of construction risks is a direct insurance of contruction or erection works. The coverage amount in this case is set at full (estimated) construction cost. Amount of damages depends on the degree of completion of the facility minus the cost of usable residues.

Insurance Claims

006Fire destroyed furniture

Uhe house owners know clearly what does mean to work hard to be a homeowner, and to make own house a true home. Mostly, all homeowners are worried about two phenomena – burglars and fire. Many people spend big money for installation of fire alarm and fire-extinguishing system, but sometimes these measures are not enough. One of the cottage owners built his house in Guba during several years – to cover such expenses at once is difficult. The homeowners put their all free money and whole soul into construction of this house. Finally, the house was built. The housewarming party was on August 2011, and one year later the house was burnt down on August 14, 2012.

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