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Does Contractor Insurance Cover COVID-19 Losses?

Does Contractor Insurance Cover COVID-19 Losses?

As the COVID-19 pandemic continues to make global headlines, contractors wonder if their contractor insurance policies will cover COVID-related losses. If you had a project shutdown by local municipalities to limit the spread of the pandemic, project financing withdrawn by a lender, or experienced significant delays from material suppliers; you might be wondering the same. Builders Risk Insurance May Cover COVID Losses One contractor insurance policy that may protect you against COVID-related losses is builder's risk. Builder's ...