![]() ![]() Having insurance in place can help protect a contractor should they be liable for a long construction delay, or if they fail to complete a project as promised. In addition to homeowners, developers, home builders, contractors and even subcontractors sometimes purchase a policy. A policy is often useful when a construction delay would cause major problems. Homeowners who are having large projects completed on their New Hampshire property may want residential construction insurance. Who in New Hampshire should consider residential construction insurance? Purchasing builders risk, for homeowners, may provide financial protection if a problem with a project's progress results in major costs.īuilders risk insurance for homeowners offers specialized coverage for such ongoing work, generally providing financial support if a covered peril interferes with the project's successful completion. When undertaking a major residential project, such as building a new New Hampshire home or putting on a major addition, homeowners face a myriad of potential complications that could delay or halt progress. What is builders risk insurance for homeowners? ![]()
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