Wood construction that makes use of good design and appropriate fire protection measures provides a level of fire safety that is comparable to other types of construction. This document discusses some of the basic factors that affect fire risk and property insurance rates, as well as some common misconceptions regarding what conditions make commercial buildings fire-safe.
Learn about the different types of insurance policies to cover financial losses for construction projects, tips on selecting the best insurance broker and insurance company, how to negotiate a good insurance policy price, and the limits of liability.
An overview of how insurance warranties, site risk control and risk management practices can help control insured losses by minimizing fire risk on a construction site is presented in this report.
Insurance and Construction Series (CWC, 2005): “No. 3 – Course of Construction – Site Risk Control Guidelines”
This document provides tips on developing a site risk management program to help control hazards on construction sites, thereby improving risk control and reducing accidental losses.