Help with choosing the right cover options for your business.
Not all businesses are identical that's why we help you decide and choose the best cover extensions that fit you business model.
Contractors All Risks
Provides cover for damage to property and also damage or injury to third-parties. Damage to property can include incorrect construction, renovation damage or damage to temporary work on sites. C.A.R. policies are typically taken out by both the contractor and the employer and may have others such as finance companies named in the policy.
Some construction projects you undertake will make you responsible for partially completed work. For instance, you're in the middle of building a house, and a flood destroys the work you have done contract works insurance could cover the cost of redoing that work. Your broker will help you determine the right level of cover needed.
What is Covered? Your buildings, fixtures and fittings: including gates, fences, car parks, as well as underground cables and pipes. It may also include cover for stock and cash on the premises and in some cases it can also provide for seasonal stock increases free of charge.
Plant and Machinery
Please see our dedicated page on plant and machinery insurance. Cover for hired-in or owned plant and machinery.
In the case of most damage to a third-party property a claim would be made against the negligent party and compensation would be covered by their liability insurance, however, what if a third party property is damaged due to building works where no-one has been negligent? That's where JCT insurance comes in.
If your business needs to close after a disaster like a flood or a fire, perhaps even after a forced entry business interruption insurance covers the shortfall in your business' income.
Tools, Materials & Equipment
Often included as part of a contractors insurance policy this covers loss or damage to contractors tools, equipment and materials while they are secured on-site.