Construction Insurance
What is Construction Insurance?
Construction insurance protects contractors, developers, and property owners from financial loss in the event of an accident involving construction-related equipment, materials, or employees.
Businesses and individuals engaged in construction projects use construction insurance to safeguard themselves financially in the event of damage, accidents, or liability claims.
Construction Insurance
Types of Construction Insurance
There are several types of construction insurance, each tailored to different project needs, and customer requirements:
Contractors' All Risks (CAR) Insurance
Covers damage to construction works, materials, and equipment, as well as third-party liability.
Public Liability Insurance
Protects against legal costs and compensation claims if third parties are injured or their property is damaged due to construction activities.
Employers' Liability Insurance
A legal requirement for construction firms with employees, covering claims from staff who suffer injury or illness due to their work.
Professional Indemnity Insurance
Protects construction professionals (architects, engineers, project managers) against claims of negligence or design errors.
Plant and Equipment Insurance
Covers construction machinery and tools against theft, damage, or breakdown.
Contract Works Insurance
Protects ongoing construction projects against risks such as fire, vandalism, and adverse weather conditions.
Contact us today!
If you’re looking to protect your business and operate in complete confidence, reach out to the expert brokers at Brents who ready to guide you every step of the way.
Who is Construction Insurance for?
Construction insurance is designed for businesses and individuals involved in building projects. It is essential for:
- Contractors and subcontractors
- Construction companies and developers
- Architects, engineers, and consultants
- Property owners and investors
- Tradespeople (electricians, plumbers, carpenters, etc.)
- Civil engineering firms and infrastructure projects
How Much Does Construction Insurance Cost?
The best way to get a competitive construction insurance quote is by speaking to the team at Brents, who will search the insurance market to secure the right cover and the most competitive price for you. Reach out to one of our friendly team of experts today and we can walk through the process together.
