Insurance and bonds

[jgrumbre]

I am a construction management student and I have to look up what impact a total loss of a building site due to highwinds would have on the bonds and what insurance would be required to cover a 1.2 million firehouse Id apprecite any help and any other things I should know of

Thanks John

[Admin]

John,

The bond guarantees completion of the job per the contract. Damage to a structure from weather would be covered by insurance, not the bond. We do not write insurance in our office. Therefore, I do not feel qualified to answer your insurance related questions.

I will be happy to assist you with any further bond related questions you may have though.