Contractors All Risk Insurance
Contractors All Risk Insurance is an essential policy to have in place if you are a building contractor or a developer.
This will cover you for the structure that is currently being worked upon, for example if it is an extension of the current structure or if you are building a new property it will apply to that structure from start to finish.
Unlike a standard General Liability policy (which will only cover tradesman for damage caused to third-party premises (existing structure)) Contractors All Risk Insurance will cover any damage caused to the building works, for example if there is an unexpected flood, storm, or fire, or even poor workmanship. This gives you peace of mind for your project, knowing that if anything goes wrong that you have adequate protection in place.