In the construction industry, every project comes with its share of risks, from unexpected damage or delays to incidents that can disrupt progress and increase costs. Whether you're managing a small build or a large-scale development, protecting your work and ensuring projects run smoothly is essential to safeguarding your business and maintaining client confidence.
Contract Works Insurance (or Construction Works Insurance) provides insurance cover for a construction project. Cover includes accidental theft and damage of contract works during construction as well as third party liabilities and compensation.
What is Contract Works Insurance?
Contract Works Insurance is specifically designed to protect construction professionals, including principals, builders, contractors, and tradespeople, from the financial risks associated with building projects. This type of policy offers comprehensive coverage tailored to the unique challenges of the construction industry.
A typical Contract Works Insurance policy provides cover for:
- Material damage or theft of contract works
- Third party property damage
- Material damage to on-site plant and equipment and existing structures
- Third party bodily injury
- Legal Liability
- Advanced loss of profits and rental
- Delay in start-up
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How Coverforce can help
At Coverforce, our expert team of insurance brokers will take the time to assess your individual requirements and exposures and deliver a comprehensive insurance solution that is tailored to your specific needs and budget.
For more information or to speak to one of our brokers about arranging cover, please contact us.
Alternatively, you can simply fill out a Contract Works Insurance Quote form below and one of our insurance brokers will get in touch with you within one business day.
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