Is builders risk insurance required in Texas?

Is builders risk insurance required in Texas?

Texas Builders Risk Insurance Texas Requirements Builders risk insurance in Texas covers your property in case of natural or artificial damage. Texas requires either a project owner or a contractor to purchase insurance to protect in case the property gets damaged during construction.

What is builders risk insurance for?

Builder’s risk insurance covers the costs of repairing an unfinished structure or replacing building materials when weather, fire, vandalism, or theft hits a construction site.

What is Geico CEO salary?

1998 Insurer CEO Salaries INSURANCE OFFICER REGULAR SALARY OTHER COMPENSATION Martin Feinstein Pres. & CEO, Farmers Insurance Co. $900,000 $188,110 Olza Nicaly CEO, GEICO General Insurance $694,232 n/a Michael Carpenter CEO, The Travelers Insurance Co. $579,840 $7,224,475 5 more rows

See also  Why is Lemonade insurance different?