Liability Insurance

Did you know that Construction is officially the highest risk industry in the country? It’s a worrying fact that nearly a third of work-related fatal injuries last year occurred in the construction industry. And that doesn’t take into account the large number of non-fatal accidents and injuries to workers. It also doesn’t include injuries and fatalities to the public. In short, construction is a potentially dangerous profession, so you need to protect yourself, not just physically, but legally and financially too. You need to protect yourself from claims against you that could arise from injuries to staff, damage to buildings, vehicle-related accidents, faulty workmanship and legal fees. At Construction Insure we specialise in insurance for the construction industry and the high-risk aspects of it. And we’re dedicated to finding you the right Liability Insurance cover at the most competitive premiums.

Employers liability and Public Liability

If you employ and pay staff, whether directly or to sub-contractors, who don’t have their own insurance, you need to have employer’s liability in place. While each of your employees means another risk for insurers, and higher premiums for you, non-disclosure is not an option. If your actual employee status is discovered at the point of claim, which is usually the case, then insurers will not pay. This leaves your company exposed to legal action and punitive costs from your client, which you will have to pay directly.

Employers liability

Employers Liability Insurance covers any staff or sub-contractors you’re using too. Did you know, if you pay wages directly to sub-contractors, they’re legally your employees if that equates to over 20% if their income. Therefore, it’s your responsibility to make sure you have cover in place for them and figures are correctly disclosed, in case they get injured or develop work-related health issues.

Public Liability

You’ll need to have policies such as Public Liability Insurance in place too, in case an employee’s actions injure a member of the public. It’s important to note that the Public Liability limits your company holds will have to be matched by the sub-contractor. Otherwise your sub-contractor’s insurance will fail and your own policy may have to pick up the shortfall. For example, if your sub-contractor only had a limit of £1 million but had caused £3 million pounds worth of damage, you or your insurer would have to cover the £2 million difference – or risk being sued by your client.

Health and Safety

It’s also important that you follow the Health & Safety guidelines designed keep your staff safe at all times too. Failing to do so could impact any insurance claim you make - or that could be made against you. And without a valid insurance policy in place, the cost of a claim against you could bankrupt your business and destroy your livelihood. It’s our job to make sure you avoid that happening to you. We’ll talk with you to understand the work you’re doing and your budget. Then we’ll clearly explain what you need covered and why. And we’ll tell you what your insurance will cost you, with no hidden surprises. We have four decades of construction industry experience and a range of reliable contacts we work with. So, we know we can get you the right liability insurance package.

Need Insurance? Get in touch today!

Whatever your liability insurance requirements, please get in touch today for a free no obligation quotation.

GETTING THE RIGHT LIABILITY INSURANCE

What do you need to know about getting the right Liability Insurance?

Because of our long experience of insuring the construction industry, we know the right questions to ask you to ensure you get the right policy for your business. It’s important to remember that, if you fail to disclose complete and up-to-date information to your insurer, you may find that your policy is void. But we’re here to make sure that doesn’t happen to you. The type of questions we’ll ask you are, for example: Are you working at height? Are you working with heat? Are you working with electricity, either high-voltage or domestic? Are you excavating a basement in a high-water table area? Are you likely to encounter hazardous waste while working on an older property?


Additional Considerations for Liability Insurance

It’s worth bearing in mind that around 50% of homes in the UK still retain asbestos-containing materials. In that instance, you’ll need to be covered for health risks to your staff and for the removal of the materials. Are you working close to adjacent buildings or residential homes? Are you coming into contact with the public? If that’s the case, you would need to be protected against damage to nearby properties, such as ground movement or accidental damage. You would also need to be covered against injuries or accidents to members of the public. Insurance can quickly become quite complex, but, we’ll work with you to make sure you’re fully covered. We have the resources and experience to make sure that you have policies in place for all eventualities. And we’ll ensure your income and livelihood are protected.


What else do you need to think about?

Thinking about what else can go wrong on a construction project or building site is quite daunting. But, in order to reduce your financial, legal and physical exposure, you need to consider the full implications of your project. Being aware of the main types of fatal and non-fatal accidents and injuries in construction may help you put protocols in place to avoid them happening. For instance, falls from height account for nearly half of industry fatalities. Workers being trapped by collapsed materials, such as scaffolding or masonry, make up 10% of fatal injuries, while another 10% is accounted for by vehicle-related accidents. The most common types of non-fatal accidents are slips, trips or falls, followed closely by injuries incurred while handling, lifting or carrying materials. Falls from height and being struck by objects make up nearly a third of accidents and injuries.

How do you get the right advice?

Insurance, like construction, requires experience to get it right. The more you consider the risks of your job, the better you can be protected against them, which is what we’re here to help you do. We’ll help you keep your premiums as economic as possible, while making sure your financial exposure is minimized as much as possible. Our four decades of experience means we can give you help and advice about all aspects of liability cover. Please call us on 020 3958 6868 so we can talk to you about what you need. Then we can get you the insurance cover that’s right for you. Because we are independent we can scour the market to find the best policies available that match your requirements. All of our quotations are no obligation, although we pride ourselves on providing the very best options for your Liability Insurance.

Standard and Optional Liability Insurance Cover

These are a few of the standard types of insurance we can cover you for:

  • Employers Liability: £10 million.
  • Public & Products Liability: £5 million, including damage to property being worked on.
  • Financial Loss: £100,000.
  • Professional Indemnity: £100,000.

The optional cover, which can be added to your policy, includes:

  • Contractors ‘All Risks’ in relation to contract works.
  • Your own and hired plant and employee tools.
  • Defective Workmanship.
  • Products Efficacy.

WHAT OUR CLIENTS SAY

" Comparing like with like plus some lower excesses you have managed to save me in excess of £1500 or approximately 15% on my previous insurer. "

- Hew Stevenson, March 2018

" We found you to be more thorough, efficient and reasonably priced than our existing insurer. We would not hesitate in recommending you to anyone."

- Zena Nairi LLB (Hons) June 2018