The Builder's Risk - Broad Form can be used to insure all of the following items, except one. Pick the exception.
Understand the Problem
The question is asking which item is not typically insured by the Builder's Risk policy among the provided options. It requires an understanding of insurance policies related to construction projects.
Answer
Contractor's tools and equipment.
The Builder's Risk - Broad Form does not typically cover contractor's tools and equipment.
Answer for screen readers
The Builder's Risk - Broad Form does not typically cover contractor's tools and equipment.
More Information
Builder's Risk Insurance typically covers structures and materials at a construction site but often excludes personal tools and equipment belonging to contractors.
Tips
Ensure clarity on policy terms regarding what is considered part of the contracted project scope.
Sources
- 7 Things Not Covered by Your Builders Risk Insurance - citizensgeneral.com
- Builder's Risk Insurance - Adjusters International - adjustersinternational.com
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