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Contract Works / Construction Insurance
All-risk insurance for single projects or multiple building developments - designed to protect everyone involved in construction.
Cover for Construction Projects of Any Size
Contract Works Insurance can be arranged for a single project or on an annual basis for multiple construction projects.
Construction involves a range of risks, with multiple activities and parties involved throughout a project. Contract Works Insurance can help protect your construction project against physical loss or damage and liability exposures.
What's Covered
Depending on the policy selected, Contract Works Insurance may provide cover for accidental loss or damage to the construction works, together with legal liability for third-party property damage or bodily injury.
Additional construction-specific covers may also be available depending on the project, policy and contractual requirements.
Who's Covered
Contract Works Insurance can be arranged to cover the parties involved in a construction project, such as the builder, principal, contractors and subcontractors.
The parties insured will depend on the policy wording and the contractual arrangements for the project.
Who Needs Contract Works Insurance
Contract Works Insurance is an important consideration for builders, owner-builders, contractors and tradespeople involved in construction projects.
The cover required will depend on the type and size of the project, your role in the works and your contractual obligations.
What This Policy May Cover
Material damage to the works
Third-party property damage
Third-party bodily injury
Defects liability period
Professional fees
Debris removal
Off-site storage of materials
Principal-supplied materials
Inland transit of materials
Cover for builders, contractors, financiers and workers
Whatever the size or scope of your project, Maxton Insurance Brokers can arrange Contract Works Insurance that protects every party involved.