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Method of administrating insurance coverage for multi tasks building projects

  • US 20050086084A1
  • Filed: 11/27/2002
  • Published: 04/21/2005
  • Est. Priority Date: 03/13/2002
  • Status: Abandoned Application
First Claim
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1. A method of administrating a builders risk insurance program with a computer system that includes a central computer that is accessible from a remote terminal and which comprises the steps of:

  • (a) entering master insurance policy data that includes a plurality of building parameters into the central computer database from which data premiums may be computed for specific building projects of a designated builder, (b) the designated builder entering data on a specific building project into the computer system from the remote terminal, (c) computing the insurance premium for the project and displaying the premium at the remote terminal; and

    (d) the builder initiating insurance coverage for the building project by acceptance entry from the remote terminal.

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