Construction Defects Are Not Covered Property Damage in Commercial Liability Policy

Source: https://www.insurancejournal.com/news/east/2024/08/16/788623.htm, August 16, 2024
By: Andrew G. Simpson

A home builder is not covered under the property damage coverage in its commercial liability policy for construction defects for which it was responsible.

A three-judge panel of the Massachusetts Appeals Court has held for the first time that “construction defects, standing alone, do not constitute property damage within the meaning of a commercial general liability policy.” Read more.

Find a Broker or Underwriter

Search by product, location or name
https://www.insurancebusinessmag.com/us/best-insurance/best-wholesale-brokers-usa--5star-wholesale-brokers-and-mgas-478736.aspxhttps://www.newsweek.com/rankings/most-loved-workplaces-2024https://premium.insurancebusinessmag.com/us-iba-top-insurance-employers-2024-ryan-specialty/p/1

Please Update Your Browser

Unfortunately Microsoft is no longer providing support or security fixes for your web browser. RT Specialty values the safety and security of its clients’ data, and as such this site requires the use of a modern web browser. To update your web browser, please see the links below. If you have any questions or would like additional information, please email info@rtspecialty.com or call (312) 784-6001.

Firefox Firefox Chrome Chrome IE Internet Explorer Edge Microsoft Edge