Commercial/Multifamily: Builder’s Risk Insurance: Analysis & Perspectives 2025
April 17, 2025 2:00 PM-3:30 PM
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| Member Price | $0.00 |
| Non-Member Price | $399.00 |
About the Event
With guidance from an industry expert, participants will gain insight into the pros and cons of policy purchases, when it is advisable to utilize a "Course of Construction" endorsement, or when to procure a true builder's risk policy.
This discussion will focus around the components of hard costs, with detailed explanations about what is "covered property" and permanent vs. temporary works. Significant analysis will be given to the overlooked subject matter of soft costs and the risks of delays in project completion. Throughout the presentation, learn about standard coverage parts, perils and exclusions, when coverage ceases transitions to permanent insurance.
Date/Time
- Thursday, April 17 (2:00 PM - 3:30 PM ET)
Objectives
- Gain insight into the pros and cons of policy purchases, learn when it is advisable to use a “Course of Construction” endorsement or when to get a true builder’s risk policy
- Discuss the components of hard costs, what is “covered property” and permanent vs. temporary work
- Analyze soft costs and risks of delays in project completion
Who Should Attend?
- Real Estate Owners and Investors
- Insurance Directors
- Loan Closers and Underwriters
- Commercial Servicers
- Others concerned with insurance matters, such as attorneys and consultants who work within the real estate industry
Experience Level
- Entry-Level
- Intermediate
Speaker(s)
- Grisela Crespo, Director of Real Estate Lending Practice, Fortress Risk Consultants, LLC
- Mike McDaniel, President & Owner, Fortress Risk Consultants, LLC