Construction Insurance

Compare construction insurance quotes with get indemnity™ to guard against potential liabilities

Get indemnity™ construction insurance

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Get indemnity ™ construction insurance starts at £298 annually or £24.83 monthly.
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As specialist construction insurance broker we can compare quotes from the wholesale market.
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Available to small contractors and construction firms with a turnover up to £100 million.
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Complete our digital onboarding process to provide us with the information to obtain quotes.

Construction Insurance Quotes for Contractors

Designed to protect the financial security of contractors in the building industry

Working in a challenging and high-risk environment means having adequate construction insurance to protect your interests. If an unexpected event occurs the cost to property damage or potential liabilities can be significant.

At get indemnity™ construction insurance starts at £298 annually or £24.83 monthly. Below we consider what cover you need to protect your interests and how to purchase cost-effective construction insurance.


    Get indemnity™ construction insurance

    Working on site carries a number of risks that you need construction insurance to protect against. As a specialist construction insurance broker, we can assist with identifying the correct cover to meet your requirements.

    Which construction insurance covers you decide to purchase will depend on a number of factors including your activities and contractual requirements. Contractors all risk insurance is commonly purchased throughout the construction industry.

    Below we take a closer look at the different types of construction insurance available to protect your business from property damage, bodily injury and third-party liabilities.


    What is construction insurance?

    Construction insurance are specialist covers designed specifically to meet the needs of small contractors and larger construction companies. 

    The most common type of construction insurance purchased is contractors all risk insurance. We've produced a useful guide called: Who needs contractors all risk insurance? Explained 1O1 which can include protection for:

         

    Contract Works Insurance

    Public Liability Insurance

    Product Liability Insurance

     Employers Liability Insurance

    Own Plant and Equipment

    Hired-in Plant and Equipment

    Employee Tools Insurance

    Non-negligence Insurance

    Business Interruption

    Personal Accident Insurance

    Terrorism Insurance

    Legal Expenses Insurance

    Additional construction insurance covers:

    The above construction insurance is also considered in conjunction with traditional covers such as: professional indemnity insurance, directors and officers insurance & fleet insurance

    At get indemnity™ we can package a number of different covers to tailor your construction insurance to meet your specific requirements. If you're unsure what cover you need, give us a call and can discuss your circumstances.


    Who should purchase construction insurance?

    Construction insurance should be purchased if you work on site, the environment can be a challenging and dangerous, especially when considering the range of duties you owe to third parties.

     

    Wide range of trades and professions

    Construction insurance can offer protection against a wide range of trades and professions including, but not limited to:

    Bricklayers, Builders, Carpenters, Demolition Contractors, Dry Liners, Electricians, Flooring Contractors, Glazers, Groundworkers, Heating & Ventilation Contractors, Kitchen & Bathroom Fitters, Landscape Gardeners, Painters & Decorators, Plasterers, Plumbers, Project Managers, Tilers, and Site Managers.

    Note certain business activities carry increased risk, such as: asbestos removal; demolition; hot roofing; piling; scaffolding; tunnelling; and underpinning.
     
    If the contract work is in hazardous or high-risk locations this can impact the terms insurers are willing to offer for your construction insurance.


    Do we need construction professional indemnity insurance?

    Professional indemnity insurance is recommended where: advice, professional, or technical services are offered to a client. Or, if any main contractor subcontracts such advice, professional, or technical services.

    The requirement to purchase this construction insurance will be based on your responsibilities and contractual obligations. We've produced a useful guide: Do we need design & build professional indemnity insurance?

    Construction professional indemnity insurance claim examples include: mistakes in the preparation of designs; improper or negligent advice; breach of building regulations; and inadequate materials.


    How to compare construction insurance quotes?

    Commercial construction insurance quotes can typically be offered within 48 hours after completing our online application. We will approach a number of wholesale insurers to present a range of no-obligation options.

    Construction insurance cost will depend on a variety of factors including:

    • allocation of turnover & wages between different construction activities;
    • nature and size of your largest projects; and
    • details with respect to work at a height, work with heat, excavations, or use of industrial machinery.

    As specialist construction insurance brokers, we can access wholesale insurers to identify cost effective solutions to meet your needs.

    UK construction insurance explained


    Types of construction insurance:

    The below guide identifies different scenarios and the types of construction insurance available to provide financial protection.

    What would happen if… Construction Insurance: What the coverage does:
    There's a fire at your construction site and works you have completed have been destroyed.

    > Contract Works

    > Contractors All Risk

    Protects the work in progress on a construction site in the event damage occurs as a result of an insured peril.

    An independent contractor falls in a trench and causes a serious head injury.

    > Public Liability

    > Contractors All Risk

    Protects the company against legal costs incurred in defending the allegation; and damages from any award or settlement.
    An employee falls while climbing a ladder and causes a serious back injury.

    > Employers Liability

    > Contractors All Risk

    Protects the company against legal costs incurred in defending the allegation; and damages from any award or settlement.
    A client requests financial compensation for a design error that has led to a roof collapsing.

     

    > Professional Indemnity

     

    Protects your company against legal costs incurred in defending the allegation; and damages from any award or settlement.
    An employee’s tools are stolen when left on a construction site.

    > Employee Tools

    > Contractors All Risk

    Protect against damage to personal tools and effects belonging to an employee.
    Damage to your equipment, such as an excavator occurs during a construction project.

    > Own Plant

    > Contractors All Risk

    Protects against damage to own plant and equipment whilst in your custody or control or hired out under a defined agreement.
    Damage to your equipment you hire-in occurs during a construction project.

    > Hired-In Plant 

    > Contractors All Risk

    Protects your legal liability under the terms of your hiring agreement to pay compensation for damage to hired-in plant whilst in your custody or control.
    A neighbour requests financial compensation against your principle after damage to their property during the works you have undertaken.

    > Non-Negligence

    > Contractors All Risk

    Protects against claims should there be damage to a neighbouring property due to collapse, subsidence, heave, vibration, weakening or removal of support, or lowering of groundwater, which is not the result of negligence.

    An accidental bodily injury, such as a loss of sight occurrs to one of your employees.

    > Personal Accident

    > Contractors All Risk

    Offers financial support as defined in the policy schedule. Benefits will be payable for death or disablement and related medical expenses.

    Your business was unable to trade as a result of an insured peril.

    > Business Interruption

    > Contractors All Risk 

    Protects against the loss of income from being unable to trade as a result damage from a range of insured perils.
    A product that your company imports causes injury to a customer and they claim for financial compensation.

    > Product Liability

    > Contractors All Risk

    Protects the company against legal costs incurred in defending the allegation; and damages from any award or settlement.
    A director is investigated and prosecuted by the Health and Safety Executive.

    > Directors and Officers

    > Management Liability

    Protects insured persons against legal costs incurred in defending the allegation; and damages from any award or settlement.
    An employee claims sexual harassment against their supervisor.

    > Employment Practices

    > Management Liability

    Protects the company against legal costs incurred in defending the allegation; and damages from any award or settlement.
    You discover an employee has been stealing thousands of pounds of materials.

    > Crime Insurance

    > Management Liability

    Protects the company against financial loss from the theft of property, money or securities by an employee.
    A fraudster pretending to be a supplier reports their bank details have changed and payment is sent to the wrong account.

    > Social Engineering

    Protects the company against financial loss from the theft of property, money or securities as a result of social engineering.
    A cyber security breach occurs, and thousands of customer’s details are stolen.  > Cyber Insurance Protects the company against financial loss arising from security and privacy breaches. Can include first and third-party losses.
    A van accident occurs with one of your drivers at fault.

    > Fleet Insurance

    Protects from an accident causing damage or injury. Comprehensive cover will provide for damage to your car, van or haulage vehicle.

    Compare construction insurance cost online


    This guide is for information purposes and based on sources which we believe are reliable, the general risk management and insurance information is not intended to be taken as advice with respect to any individual circumstance and cannot be relied upon as such.