Construction insure want to help contractors make sure they have the correct insurance cover in place. Whether you are a sole trader with a modest income, or a contractor with a multimillion pound turnover, it’s critical that you declare the correct figures to insurers.
Why do you need Contractors Insurance?
There are so many different types of trades within construction, from relatively simple painting & decorating to building contractors undertaking the erection of entire superstructures. For sole traders or trades who specialise in one aspect of construction, the process of obtaining a policy is straightforward, as long as all the correct figures have been declared. But for larger contractors who take on new builds, renovations or property development, the more outside trades and services you commission, the more you need to control the liability cover of each contractor.
You can’t rely on each of them to be adequately insured. So, whether you’re contracting an electrician, a plumber or a plasterer, scaffolder or roofer you have to make sure they’re fully covered on a like-for-like basis as to the limits on your policy. Otherwise you could find yourself liable for the claim. The logistics of it can quickly become complicated, but we’re here to keep things simple.
Need Insurance? Get in touch today!
Whatever your contractors insurance requirements, please get in touch today for a free no obligation quotation.
GETTING THE RIGHT CONTRACTORS INSURANCE
What type of Contractors Insurance cover will you need?
Here’s a list of the types of cover that’s available and which you might need. Call us on 020 3958 6868 to start talking to us about your requirements.
General Construction Insurance Coverage
- Employers Liability - £10million
- Public Liability (no depth or height limits) – £1mil, £2 mil, £5mil, £10mil +
- Products Liability – £1mil, £2 mil, £5mil, £10mil +
- Contract Works/Plant All Risks /Contractors all risk
- Contract Performance Bonds
- Product Guarantee
- Professional Indemnity
- Directors and Officers Liability
- Legal Expenses and Employment Law Protection
- Motor Fleet Insurance
- Property Insurance – offices/yard
- Right of Light
- Restrictive covenant insurance
- Absence of easement insurance
- Building Warranties