What does Demolition Insurance mean? Read on to discover the definition & meaning of the term Demolition Insurance - to help you better understand the language used in insurance policies.
Demolition insurance for property owners refers to an insurance policy that offers coverage for the expenses of tearing down a building due to irreparable damage from an insured peril, such as fire or weather damage. For contractors, demolition insurance refers to liability coverage for bodily injury or property damage resulting from a demolition.
We hope the you have a better understanding of the meaning of Demolition Insurance.