Florida Insurance Claims Adjuster License Practice Exam

The Builders Risk coverage form covers:

1. Contractors

2. Buildings under construction

3. Investors

4. Builders

The correct answer is: Buildings under construction

The Builders Risk coverage form covers buildings that are under construction. This type of insurance policy is designed to protect the physical structure of a building while it is being built or renovated. Option A is incorrect because it only covers contractors, while Option C is incorrect because it only covers investors. Option D is incorrect because it only covers builders, not the actual building itself. Therefore, the best answer is Option B, as it specifically covers the buildings being constructed.