Bridge Insurance

What Does Bridge Insurance Mean?

Bridge insurance is a type of insurance that provides coverage for damage to bridges caused by events such as floods, fires, explosions, and other perils. However, it typically does not cover damage resulting from war, inherent defects, or natural wear and tear.

Insuranceopedia Explains Bridge Insurance

Since bridges are intended for public use, local government agencies are typically responsible for purchasing bridge insurance. Given that bridges are fully exposed and susceptible to various types of damage, such policies serve as a preventative measure to avoid the need for significant taxpayer funding for repairs in the event of major damage.