After insurance lapsed on Dunkin’ Donuts Park when the city halted construction because of a dispute with the ballpark developer, the city’s insurer, Travelers, has agreed to extend an existing plan to the new home of the Hartford Yard Goats (Class AA; Eastern League).
This means that the ballpark is now insured as a vacant building with a estimated worth of $52 million, which is below the $63 million spent on construction.
Last week city officials reported that the ballpark’s insurance plan, which provided coverage for the property and its contents, was terminated when the contract with DoNo Hartford LLC and Centerplan Cos. was terminated, and an attempt to find a new insurance plan led to a series of dead ends, essentially rendered the ballpark uninsurable.
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