Why a contractors all-risk insurance policy should be considered before renovating

When planning property improvements, before bringing a contractor on site, establish whether a contractors all-risk insurance policy is required, advises Fuzlin Abrahams, managing director of GIB Western Cape. Though standard buildings insurance provides coverage for property owners in many ways, property under construction can be a slightly more complicated matter when it comes to insurance and understanding the rights and obligations of the property owner in respect of property under construction.
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