Monthly Archives: August 2019

FLOOD

Here’s a true story.  The name of the builder has been omitted to preserve privacy. Back in 2012 we sold a Builders Risk insurance policy to a builder in New Jersey.  The project was near the coast.  Flood insurance could have been added to the policy, but the premium was a bit stiff given the proximity of the Atlantic and the fact it was still hurricane season.  This builder’s project was just getting underway.  A…
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