EIFS Insurance Resource Hub
Welcome to the EIFS Industry Members Association (EIMA) Insurance Resource Hub, your go-to destination for comprehensive EIFS Insurance information. EIFS contractors, safeguard your projects and reputation with tailored insurance solutions designed to address the unique risks associated with Exterior Insulation and Finish Systems. For the insurance industry, discover specialized products and risk management strategies that cater to the specific needs of EIFS applications, ensuring you can provide robust coverage and support to this essential sector. Whether you're an EIFS contractor seeking peace of mind or an insurance professional looking to expand your portfolio, EIMA is here to guide you every step of the way.
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EIFS Liability Insurance: A Changing Landscape for Contractors
An article published by IRMI (International Risk Management Institute) suggests that Exterior Insulation and Finish Systems (EIFS) may not be as inherently risky as previously thought, advocating that insurers reconsider their broad exclusions against EIFS-related risks. The organization argues that with proper installation and contractor training, EIFS can be a viable and insurable option in the construction industry. IRMI highlights the potential for underwriters to profitably insure EIFS by focusing on quality control and distinguishing between high- and low-risk contractors. Are All EIFS Contractors Created Equal? International Risk Management Institute, Inc. Written by Ann Hickman |
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