Contract Works Insurance
Often referred to as Contractors All Risks or construction works, a Contract works insurance policy is a must for any builder whether they are commercial, residential or both.
The contract works policy is made of two policy sections:
- Material Damage – Insurance for the house/building/project whilst under construction. This section of the policy can also include Tools, existing structure, scaffolding, temporary sheds, materials on site etc.
- Legal Liability – The Public Liability section of this policy covers personal injury or property damage to third parties at the building site during the period of insurance. Under this policy cover is also available for vibration and weakening of supports to neighbouring buildings once policy requirements for such cover are met.
For more information about contract works insurance, download the document below:
Contract Works Insurance
Please contact our specialists for more information: