Builders insurance covers the specific risks faced by construction businesses and sole traders, including public liability, employers liability, and contract works cover.
Most builders need public liability insurance as a minimum. If you employ staff or labour-only sub-contractors, employers liability insurance is a legal requirement. Contract works cover protects the works in progress against damage or loss. Tools cover protects your equipment.
Public liability insurance is not a legal requirement, but most contractors and clients will require you to hold it before you can work on their site. Many local authorities and housing associations also require minimum levels of cover.
Contract works insurance (also called contractors all risks) covers the works in progress against accidental damage, fire, theft, and flood. It is particularly important for larger projects where a single incident could result in significant reinstatement costs.
Yes. Sole traders can arrange public liability, tools cover, and contract works insurance. If you use sub-contractors, you may also need employers liability insurance depending on the nature of the arrangement.
Call us on 01733 263311 or request a call-back. Our brokers will discuss your trade, turnover, and the types of work you undertake before approaching the market on your behalf.
Cover is subject to underwriting, insurer terms and acceptance