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As natural catastrophes increase in frequency and severity, and property values climb along with inflation, costly builders risk claims have surged. This volatile environment demonstrates that it's more important than ever to secure the right coverage for insureds' projects.
In this article from Independent Agent Magazine, Rachele Holden, US Assure's SVP - Head of Product Underwriting, discusses three real-life claims that led to challenges and shares lessons that agents can learn to avoid similar struggles.
On Friday, August 30, US Assure's office and virtual working operations will close at 6:00 p.m. Eastern time in observance of Labor Day.
Real accounts of claim conclusions can be powerful learning opportunities.