Construction Cost

The Liability Issues of Building Own Home

property_insurance

You need an insurance to take care when you build a house of your own is really a feature. And if you need a construction loan, the lender must meet the minimum liability insurance and development programs, and workers’ compensation you. The most important of these are insurance. While you to finance 100% of the total construction cost, insurance is required to protect the bag still other problems.

Insurance is the most important, to protect you from people who are injured at the construction site. This policy can be run in either the user or subscriber. The policy is performed when the contractor must meet are accepted by the lender, the following conditions:

  • The Contractor must be named insured
  • You and the lender must be named as additional insured
  • You must have a certificate to the address of the property insurance Continue reading

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UK property maintenance and building services