This Insurance Type Is A MUST For Contractors!

Have you ever been concerned about liability from accidentally causing damage to a client’s property? All construction projects do come with considerable risks, which can result in the damage to or loss of buildings or structures during the course of construction. Have you ever wondered if there was a type of insurance to cover such risks? Well then, you’ve come to the right place.

With Contractors All Risk Insurance, you are well-protected against significant financial loss in the event of such accidents!

This insurance type protects your business against liability for property damage or injuries during renovation, construction, or installation/servicing work. It is a type of coverage designed for a broad range of contracting companies. This type of insurance is one of the most common that renovation contractors, construction companies, and equipment installation/servicing firms purchase. It's usually very affordable with generous coverage.

What does it cover? 1. Property damage: Covers liability from causing physical damage to a client’s property Contractors All Risk will cover you in case you damage a client’s property accidentally.

2. Damage to contractor’s equipment and machinery Contractors All Risk will cover any damage/loss to your equipment and machinery while working on a job.

3. Public liability: Covers injuries or property damage caused to third-parties Contractors All Risk will cover liability to 3rd parties for property damage and injuries.

Who needs Contractors All Risk Insurance? If you’re involved in any of the following industries, then you’ll need Contractors All Risk Insurance:

• Renovation Contractor

• Installation of any kind of equipment (e.g. IT equipment, manufacturing equipment, sensors, sprinklers, etc.)

• Construction company

Contractors All Risk Insurance is written on an annual or single project basis, and can be packaged with an optional work injury compensation insurance policy! Contact us today to get started.