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Contractors, construction, and installation floaters

The insured's materials, supplies and equipment are covered property; property not being installed like buildings land or completed projects is not covered.

By FC&S Editors | Updated on January 17, 2018

Analysis brought to you by the experts at FC&S Online, the unquestioned authority on insurance coverage interpretation and analysis for the P&C industry. To find out more — or to have YOUR coverage question answered — visit the National Underwriter website, or contact the editors via Twitter: @FCSbulletins.

Question: I insure a commercial glass installation contractor. The majority of what the insured keeps on their premises are materials that are dedicated to a specific job/project. If the insured suffered a loss (covered peril) of these materials while being stored at their premises, would the installation floater cover the materials or would this fall under BPP?

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