Course of Construction Insurance.
Building a home? Or possibly developing a large project? Course of Construction Insurance, also known as COC coverage, is a policy that ensures appropriate protection during the construction period. Building structures carries great reward, but it also has inheriant financial risk, so its important to make sure your coverage is in force before you start to dig!
In construction, no two projects are ever the same, so to ensure that the correct policy is put in place, and to be certain that all the necessary risks are covered, you can expect your Alteri broker to gather several different pieces of information on the project, and its plan. It’s also important to note that third-parties who have an interest in the development, such as lenders and investors, will want to safeguard their respective involvement by confirming that comprehensive coverage is in place.
At Alteri, we have clients focused on single famiy home building, and we have large entities that solely build high-rises - we’ve seen it all! Projects take a lot of time and a lot of money, so let us take out any additional uncertainty by putting together the right policy for you.
Maybe it’s a small development, or maybe it’s a big house. Maybe it’s a high-rise, or it maybe it’s a complex. Every project needs COC - we do that.
Need your project insured?
If you are looking for a quote on your latest project then look no further than Alteri!
Please submit your basic information below, and the appropriate specialist will be in touch to walk through the development and what important risk mitigation items shoudl be considered.
Kindly note that the Alteri representative will want to see some specific project detail documents, such as: plan, budget, timeline, crane details (if applicable), engineering reports, etc.