Home owner’s builder’s risk insu. Will not pay

[VinnieL]

What is the name of your state (only U.S. law)? NJ. I had my own builder’s risk insurance during construction of my residence but the foundation wall collapsed on 3rd day, had to sue the builder b’case it was not build as per plan. Builder does not have builder’s insurance all he has is carpentry insurance – is this FRAUD ??. but my builder’s risk insurance denied the claim. I though they will pay to repair the collapsed wall and then recover form the builder – is there any way I can collect form my own insurance company?

[moburkes]

Originally Posted by VinnieL

What is the name of your state (only U.S. law)? NJ. I had my own builder’s risk insurance during construction of my residence but the foundation wall collapsed on 3rd day, had to sue the builder b’case it was not build as per plan. Builder does not have builder’s insurance all he has is carpentry insurance – is this FRAUD ??. but my builder’s risk insurance denied the claim. I though they will pay to repair the collapsed wall and then recover form the builder – is there any way I can collect form my own insurance company?

Builder's risk insurance does not cover poor workmanship. If you read through your policy you will see that. It is not fraud.

[JustAPal00]

You need to sue the builder. He needs to rebuild on his dime! I don't know of any insurance that will cover shotty work while the work is being done. Had the structure been complete and strong winds knocked it over, then you might have a claim. (hurricane strong!)