Bảo hiểm & Quyền cầm giữCâu 1482 / 1605
'Builder's risk' insurance (also called course-of-construction insurance) primarily protects:
a.The structure and materials under construction against fire, theft, wind, and similar perils during the project
b.The owner's permanent homeowner liability after occupancy
c.The contractor's liability to injured third parties
d.The contractor's employees
Giải thích
Builder's risk (course-of-construction) insurance covers the building and materials while under construction against physical loss from perils such as fire, vandalism, theft, and wind. It is property coverage for the work itself, distinct from liability coverage.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- California law makes which type of insurance MANDATORY for any contractor who has employees?
- A licensed contractor who has NO employees but holds a C-10 electrical, C-8 concrete, C-20 HVAC, C-22 asbestos, or D-49 tree service classification must:
- The main purpose of a contractor's Commercial General Liability (CGL) insurance policy is to cover:
- A 'certificate of insurance' (COI) provided by a subcontractor to a prime contractor:
- When a prime contractor is named as an 'additional insured' on a subcontractor's CGL policy, the practical benefit to the prime is that:
- Which statement best distinguishes a SURETY BOND from an INSURANCE policy?
Cập nhật gần nhất: · quy trình kiểm tra
Sen Lin, Người sáng lập PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)