236115

New Single-Family Housing Construction (except For-Sale Builders)

Cyber Liability Insurance for NAICS 236115

CYB

Ranked reasons a business in NAICS 236115, New Single-Family Housing Construction (except For-Sale Builders), needs Cyber Liability coverage. Each reason is specific to how this industry actually loses money, and ends with the question to ask before the objection comes up.

  1. 01

    Draw requests move six figures on emailed instructions.

    • Progress draws are requested from lenders and paid to subcontractors by transfer.
    • Fake banking changes are sent to builders during draw cycles constantly.
    • One diverted draw is a month of work you must fund twice.
    ASK
    How are changes to subcontractor or supplier banking details verified before payment?
  2. 02

    You hold the buyer's complete financial and personal file.

    • Contracts, deposits, credit information, and identification are collected from every buyer.
    • Buyers hand over that information because you asked for it.
    • Notification to affected buyers is required by state law.
    ASK
    What buyer financial and identification records do you hold?
  3. 03

    Schedules, plans, and inspections all live in one system.

    • Trade schedules, plan sets, selections, and inspection results run on project software.
    • Trades show up based on what that system tells them.
    • A schedule that disappears stops every trade on every house.
    ASK
    What software holds your build schedules, plans, and trade assignments?

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