construction insurance
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Construction insurance
… occurs when unpredictable damage, such as the effects of weather, vandalism occurs. Possibly. The companies involved in the construction participate in the costs / premium. A construction insurance (formerly building insurance) is comparable to a comprehensive insurance for the existing structure. It includes all damage and destruction of construction work and building materials that occur unexpectedly during construction on the construction site.
Unforeseen means that the damage could not be foreseen for the client and the commissioned contractors or their representatives despite the respective expertise. Damage due to theft of items that are already firmly connected to the building and fire, lightning, explosion may be involved. The risk of glass breakage after use of the discs is also insured.
The most common causes of damage are unusual or extraordinary natural events, design, material and execution errors, unknown properties of the ground, as well as negligent, malicious and intentional acts of third parties.
Not insured, in the construction insurance or construction insurance, pure performance defects (eg., Flushing), theft or burglary of stored materials, damage due to normal weather conditions, which must be expected because of the season and local conditions. The sum insured must include the entire manufacturing costs, including all deliveries and contributions by the client.