Builders Risk Insurance
(Course of Construction)
Builders Risk Insurance - Yates Construction / Gulfport Biloxi International Airport
Gulfport Biloxi International Airport was under construction during Hurricane Katrina. Anderson secured a full claim recovery.
“Builders Risk” Insurance, also known as “Course of Construction”, covers Building Contractors for a loss during construction. This may include but not limited to damage and delays caused by Wind, Flood, Fire or Vandalism.
Builders typically operate under a sensitive construction schedule referred to as a Critical Path (CPM). Anderson worked closely with Yates Construction on several significant projects identifying a revised Critical Path, time loss and the associated costs affording full claim recoveries.
Builders Risk Insurance – Yates Construction / Portofino Island Resort
Portofino Island Resort, Phase II was under construction during Hurricane Isabel. After the insurance carrier denied the claim, Anderson was able to secure a full claim recovery.