* Far reaching impact for builders since “your work” is entire house
* Faulty electrical work resulting in fire example
* Less severe versions offered by some insurance carriers
– Still exclude damage to faulty work itself
– Cover resulting damage to non faulty work
* CG2294 buyback may be available for additional premium charge (ex: 12% surcharge)
Exclusion CG2294 has a far reaching impact on builders. The reason is that a builders “work” is the entire house.