Establishing PML With A Focus On Builders Risk
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Video Summary
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Date of Publication: September 13, 2022
Duration: 84 minutes

Probable Maximum Loss (PML) is a property loss control term referring to the maximum loss expected at a given location in the event of a fire/total loss at that location, expressed in dollars or as a percentage of total values. This webinar will demonstrate how underwriters must analyze the builders risk project through its various construction phases. The project values and time expected to complete the project will involve variables unique to the project including developing PML, the idea of foresight over hindsight with PML, and current issues impacting PML.
Meta Tag
Module Builders Risk, Installation & Rigging
Keywords
webinar
Sharon
Mark
probable maximum loss
PML
Builder's Risk
red flags
construction industry trends
Builder's Risk claims
damage extent determination
emerging construction materials
new technologies impact

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