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- Title
Confronting Conventional Wisdom on Builders Risk: From Named-insured Status to Concurrent Causation.
- Authors
Bell, Mark M.; Dunn, Christopher S.; Costner, James H.
- Abstract
The article offers information on builders risk insurance. It states that owners and contractors get liability insurance policies to protect them from third-party claims, and many practitioners fail to differentiate between builders risk and liability insurance. It mentions that when practitioners draft insurance clauses, they should add the parties as named insureds or additional named insureds, than additional insureds.
- Subjects
CONTRACTORS; CONSTRUCTION insurance; LIABILITY insurance; CLAUSES (Law); INSURANCE policies
- Publication
Construction Lawyer, 2011, Vol 31, Issue 4, p15
- ISSN
0272-0116
- Publication type
Article