What
Does the Application Consist Of?
Most insurance companies that offer wrap policies in California
have the same basic requirements:
- Completed project application
- Recent copy of a geotechnical/soils
report
- Construction budget/ pro forma showing cost breakdown
by trade
- Project site plan
- Insurance history for the general contractor
for five years including current loss runs
- Builder’s resume
of past projects (not always mandatory, but helpful)
- Developer
and/or GC financials (not always mandatory, but helpful)
<NEXT> |