Is now really the time to bare it all? An analysis of the decision to discontinue insurance coverage in times when no new homes are being built.

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With the downturn in the economy over the last few years, and the fact that the homebuilding industry has been particularly hard hit, I have heard from clients and colleagues that more and more builders are discontinuing their annual renewable commercial general liability insurance programs, deciding instead to go bare. This absolutely scares the crap out of me, and it should scare you too.


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Published In: Construction Law Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© David M. McLain, Higgins, Hopkins, McLain & Roswell, LLC | Attorney Advertising

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