Foundation Repairs

  • Posts: 4
    Posted: Dec 14, 2016 2:46 pm
    We insure an office complex and one of the buildings needs substantial foundation repair.  This was not disclosed to us at the time we wrote the policy as new business.   New company after inspecting is coming off the building that is in need of repair.  The quetions is where do we go for coverage on this building.  Willl builders risk markets entertain or what.   Has anybody dealt with this type of situation before.  If you know of a market please respond.  The office bldg is worth about 7.5mil.
  • VP Special Risks
    Posts: 110
    Posted: Dec 15, 2016 11:10 am
    Yes.  Could be done under a builders risk.  Let me know if you need our help.

    Kenneth Kukral, CIC

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