Homebuilder wrap-up

{
  "id": "MLC-T-INS-001735",
  "term": "Homebuilder wrap-up",
  "field": "Insurance and risk management",
  "definition": "A specialized insurance program that covers all contractors and subcontractors working on a residential construction project under a single policy. The homebuilder typically purchases this policy, which provides general liability and workers' compensation coverage for the duration of the project. This approach centralizes risk management and claims handling for all parties involved in the construction.",
  "url": "https://mlchart.com/terminology/insurance/homebuilder-wrap-up/"
}