Wrap-Up Liability Insurance

Wrap-Up Liability Insurance is an effective way of ensuring all the liability risks associated with construction projects are adequately insured. Traditional insurance approach requires each party to procure and maintain separate coverage and that may leave for gaps of insurance.

As an alternative to having each party obtain separate liability policies, project owners and general contractors can turn to Wrap-Up Liability Insurance programs to manage their risks.

Wrap-Up Liability Insurance programs are centralized insurance and loss control programs that can protect the project owner, general contractor and/or subcontractors under a single insurance policy or set of policies for the construction project. While most frequently used for large, single-site projects, a blanket or rolling wrap-up can be used to insure multiple projects under one program.