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How to Survive A Remodel by Real Estate Attorney Nancy Chillag

April 2nd, 2008 · No Comments

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Real Estate Attorney Nancy Chillag


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How to Survive A Remodel


Insurance during a construction project is critical. Your contractor should
have various types of insurance in place, such as general liability insurance,
worker’s compensation insurance, automobile insurance. But you need
insurance too! Check with your current homeowner’s insurance representative.
If you are going to live in the property you can probably get a rider on the
policy to cover the construction. If you are not going to live in the property,
you may need to purchase what is called Builder’s Risk Insurance. That way
if the house burns down during construction and it is not your contractor’s
fault, your insurance company will pay to have the house rebuilt to the point
it was in the construction before the fire. Without this insurance, you will
only get it rebuilt to the condition it was in prior to the start of construction.
Get more information on insurance as well as all aspects of remodeling in How to Survive a Remodel, by attorney Nancy Chillag. You can order your own copy of the book at chillag.com.

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Chillag & Associates, PC
Attorneys at Law
418 Willow Road
Menlo Park, California 94025
(650) 321-6796

Tags: Real Estate 101 · Buying & Selling Simultaneously (Moving Up or Down) · Real Estate Attorneys · Buyer HQ ~ If Not Now, When? · Seller HQ ~ Buyer Beware? What About Seller Beware?

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