I have a personal lines client that is purchasing another home next month. He plans to leave the property vacant for the next 6 months or so before scraping the home (including foundation) and building a new home on the lot.
I am running into a few issues:
1. Vacant property - obvious
2. Timing of the project - since my client doesn't plan to scrape the home and start building a new home for at least 6 months, starting a builders risk policy doesn't make sense.
3. Since the structure is eventually going to be torn down, I have been declined.
If anyone has any thoughts on carri
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I am running into a few issues:
1. Vacant property - obvious
2. Timing of the project - since my client doesn't plan to scrape the home and start building a new home for at least 6 months, starting a builders risk policy doesn't make sense.
3. Since the structure is eventually going to be torn down, I have been declined.
If anyone has any thoughts on carri
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