I suggest if you compare the number of builders, their total output, and revenue, 1% would not begin to cover one buyer, much less multiple customers with builds underway or deposits paid. You could probably get an insurance company to write coverage but it will be so expensive no one will buy it. Even including all other 1 man shop artisan operations into a pool would be cost prohibitive. Are you going to charge a 25 yr old builder the same as you would a 70 yr old builder?
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