Reports & Papers-Builders Risk Guide to Loss Prevention Part Two: Water-Related Exposures

Builders Risk Guide to Loss Prevention Part Two: Water-Related Exposures

Pdf Summary

The document is a guide to loss prevention regarding water-related exposures in Builders Risk construction projects, prepared by the Inland Marine Underwriters Association (IMUA). It emphasizes the significant impact of water damage on construction, accounting for a substantial portion of Builders Risk losses. Issues discussed include weather patterns, impacts of severe weather, water collection, roofing considerations, piping and drainage management, material storage precautions, and scheduling practices. Specific guidelines are provided for protection from freezing, snow and ice exposures, and handling construction site mud. Key points include the importance of planning, monitoring, and proactive measures to prevent water-related damages, delays, and losses during construction. The document serves as a resource for underwriters, loss control specialists, and claims professionals to raise awareness of water exposures and hazards in the construction industry, with the aim of reducing risks and promoting effective risk management strategies.

Keywords

Loss prevention

Water-related exposures

Builders Risk construction projects

Inland Marine Underwriters Association

Water damage

Weather patterns

Roofing considerations

Material storage precautions

Freezing protection

Risk management strategies