What is the difference between a nearby structures documentation report and the insurance company's engineering survey report?
Nov 26, 2023
From: Attorney Lior Akai, Manager of Engineering Insurance
question:
What is the meaning of a report documenting the condition of adjacent buildings in contractor work insurance and why is the insurance company's surveyor's report not sufficient for the neighboring buildings?

answer
answer:
The requirement
The requirement is primarily to
Please note that any claim of damage caused to a nearby structure as a result of the work itself can constitute grounds for such a claim, whether it is direct damage or indirect damage.
If the insured has been careful to prepare a report in advance to document the condition of the nearby structures, he and the insuring insurance company have
Issuance of contractor work insurance with an extension in Chapter B (third party) for damage to adjacent structures must be supported by a preliminary documentation report of their condition prior to the commencement of work (except in cases where the neighboring structures are sufficiently distant or the area and land are "virgin").
Is the insurance surveyor's survey sufficient? The answer is no.
In order for the "shaking, vibration and weakening of support" extension existing in the policy to take effect, the insured is required to prepare
This is especially important in the early and most dangerous stages for nearby structures, including excavation, lining, and foundation construction, but is also required in advanced stages. Remember that even damage observed at a later date can still lead to claims being made regarding its origin in the insured's work.












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