What can be covered

Contract Works Insurance can be tailored to cover risks that are specific to your business or trade, including:

• Financial loss due to property damage at the construction site

• Loss of rents or profit if, due to property damage, your project is delayed

• Loss of income and stock deterioration if plant and machinery break down

• Accidental loss or damage to materials on-site

• Theft, vandalism and arson

• Fire, natural disaster and weather damage. 

What’s usually not covered

Generally speaking, Contract Works Insurance doesn’t provide cover for:

• Consequential losses due to delays, penalties, liquidated damages or losses discovered when an inventory was undertaken

• Construction plant, equipment and tools

• Faulty design, workmanship or materials

• Existing property (unless specifically included in the policy).

Get in touch

Are you planning building works? Please don’t hesitate to contact us. We can help you understand whether Contract Works Insurance is needed and what level of cover is appropriate for your specific risks.