Project Wrap Insurance Policies
Defense of Claims Under Wrap/Wrap-Up Insurance Policies
The use of “WRAP” or “wrap-up” insurance coverage in construction projects has become increasingly common in recent years. Wrap insurance is generally designed as a single policy issued by an insurer to cover the liability risks of the developer, general contractors, and all subcontractors involved in a construction project. A wrap policy is designed to provide insurance protection to all participants in the construction that "opt in" or are required to participate under the wrap coverage. Nonetheless, important issues can arise regarding the extent of coverage and the relationship between the wrapped entities because of wrap policy exclusions and policy limits that might not be sufficient to match the amount of the claims. In some cases, policy shortfalls can create unique conflicts that require the assistance of a lawyer experienced in this area.
Our construction lawyers have been managing wrap policies and related projects since the inception of this type of insurance product. Our lawyers advise insurance companies, owners, general contractors, and subcontractors about the defense of claims under a wrap-up policy. We have the expertise to represent the participants in a wrap or individual companies in need of separate counsel.
Please contact us online or at (602) 483-6352 to learn more. We represent clients in Arizona, Colorado, New Mexico, and Utah.
Wrap-Up Insurance Disputes & Litigation
Whether it is a commercial construction project, conversion, residential construction project, or other development, our attorneys can draw upon our vast collective legal experience to provide skilled guidance in the face of a wrap-up insurance dispute.
We represent:
- General contractors
- Design-build contractors
- Construction managers
- Subcontractors
- Design professionals
- Project owners
- Property owners
- Insurance companies
From our offices in Phoenix, our attorneys represent insurance companies and their insureds across Arizona. We also represent clients in Utah and New Mexico. Project wrap insurance claims can present significant complexities related to coverage and liability, but our experience in insurance defense and construction law enable us to help clients reach workable, cost-effective solutions based on their individual needs and goals.
Call (602) 483-6352 today to connect with one of our construction professionals.
A member of our team will be in touch shortly to confirm your contact details or address questions you may have.
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