What is Builders Insurance?

Builders insurance is a specialised type of business insurance tailored to meet the specific needs of builders. This insurance covers various risks associated with building projects, including public liability, tools and equipment, and more.

Essential Coverages for Builders

Public Liability Insurance

Public Liability Insurance protects your business against claims from third-party injuries or property damage that occur as a result of your building work. This coverage is essential for covering legal fees and compensation costs if a client or member of the public sues your business.

Employers’ Liability Insurance

Employers’ Liability Insurance is legally required if you have employees. This insurance covers claims from employees who suffer work-related injuries or illnesses, ensuring your business is protected against potential legal and compensation costs.

Tools and Equipment Insurance

Tools and Equipment Insurance covers the cost of replacing or repairing your tools and equipment if they are lost, stolen, or damaged. This coverage ensures that your essential tools are protected, allowing your projects to continue smoothly.

Contract Works Insurance

Contract Works Insurance covers physical loss or damage to ongoing building projects. This insurance includes protection for tools, materials, and equipment, ensuring your projects are safeguarded from unexpected setbacks.

Professional Indemnity Insurance

Professional Indemnity Insurance covers claims related to professional advice or services you provide. This insurance is crucial for protecting your business against errors or omissions that could lead to financial losses for your clients.