Home | GCCI Overview | Banks & Lending Institutions | Damage Assessment | Dispute Resolution | Expert Witness | Building Insurance Mitigation | Transition Inspections | Construction Managment Services | Harvey Gershen GCCI President | Contact Information

Building Insurance Mitigation

PRIMARY REASONS FOR CONSTRUCTION CLAIMS

      ·  Pre-existing Damage

      ·  Incomplete Plans

      ·  Conflicting Specification

      ·  Owner, Developer Value Engineering

      ·  Unqualified Contractors & Superintendents

·  No inspection of the actual construction by an Independent Professional in the early stages of the building, by the bonding company.

 

HOW TO LIMIT YOUR LIABILITY

Once your company has insured an existing building, have a Consultant visually inspect and photograph the cladding system and MEP systems.  A qualified professional would only need a few hours to determine the building’s condition and document the same.

The contemplation of litigation begins after award of the bid on new construction projects.

Conflicting plans and specifications start the clock rolling for change orders and time extensions.

Owner / Developer deletions and value engineering lead to Latent Defect and Deficiency Litigation.

Lack of Architectural or Engineering progress inspections allows Contractors and Developers to make changes at their own discretion.

A qualified third party Inspector visually inspecting the building several months into the project can give the insurance carrier or bonding company the needed information to help avoid pending litigation.

A qualified professional in the construction industry with an extensive background in building, such as GCCI, can help you and your company keep the liability low, and the litigation to a minimum.

 

The Insurance Company’s best insurance is GCCI.

Please contact harveygcci@embarqmail.com for website support.