Only YOU Can Help Solve the GLI Crisis!
More than 50,000 NAHB members have received a “call to action” to fill out a survey about their general liability insurance (GLI). The survey is part of a GLI initiative to get an accurate national picture of the loss experiences of the residential construction industry and to develop new GLI products exclusively for the NAHB membership.
“NAHB members who receive the mailing should sit down and complete the survey and provide the materials needed to make this project a success,” said NAHB President Bobby Rayburn. “With insurance costs rising and exemptions making coverage less effective, it’s in everyone’s interest to participate in this effort.”
NAHB is partnering with Marsh, a global insurance and consulting firm, to develop new GLI products that will meet members’ needs. Marsh and NAHB are working on a timetable that would bring new GLI products to the market by January 2005.
Elements of the mailing, which are available online at www.nahb.org/gli, include insurance surveys plus a model consent letter authorizing insurance providers to supply crucial background information for this effort.
For more information, contact Clayton Traylor at 800-368-5242 x8490 or Blake Smith, x8583.