Waiting too long to learn what your insurance policy’s exclusions are can be frustrating at best and disastrous at worst.
You’re working on a new construction job when the whole roof caves in. Turns out you didn’t have the right support beams for the weight of the structure. You call your insurance company, only to find out your contractor insurance doesn’t cover faulty materials or design.
You’ve just discovered an exclusion- the hard way.
So, what is an exclusion?
An exclusion is a limitation or restriction of your insurance coverage. Your policy’s ...