Only with soft costs or delay coverage on the builder's risk policy. It isn't automatic.
Practically yes. Their claims fall to your policy and your loss history, which raises your future cost.
Only until completion or occupancy. After that the owner's property policy takes over.
A bond guarantees you'll perform and you repay the surety if it pays out. Insurance transfers risk without repayment.
New York Labor Law exposure plus project value. Five million or more in excess is common on commercial work.
