NM General Contractor Practice Questions - New Mexico General Contractor Exam

What is 'builders risk insurance' and when is it needed on a NM project?

Insurance that covers damage to a building under construction from fire, theft, vandalism, and weather events Insurance that covers the contractor's health Insurance required only after the building is occupied A type of liability insurance for the architect

Correct Answer:

Insurance that covers damage to a building under construction from fire, theft, vandalism, and weather events

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