Contract Works Insurance provides essential cover for builders, contractors, and tradespeople working on construction projects. This policy protects against unforeseen damage or loss to ongoing construction work, ensuring your project can be completed without financial strain. Whether you're building new homes, refurbishing properties, or managing large-scale commercial developments, Contract Works Insurance safeguards your investment from risks like fire, theft, or accidental damage.

Secure Protection for Construction Projects

This insurance is ideal for builders and contractors who need to cover their work in progress, from start to completion. Contract Works Insurance ensures that if a project is damaged or destroyed, you have the financial backing to repair or rebuild without incurring extra costs. It’s a vital cover for those in construction, ensuring that delays or disasters don’t leave you out of pocket.

Features and Benefits of Contract Works Insurance

• Covers work in progress: Protects buildings under construction, renovation, or extension from damage.

• Materials and supplies cover: Insures building materials stored on-site from loss or theft.

• Third-party property damage: Covers any accidental damage to existing structures or third-party property during the project.

• Labour and equipment protection: Protects your tools, equipment, and hired-in plant used on-site.

• Customisable for various projects: Ideal for projects of all sizes, from single homes to multi-million-pound developments.

• Minimises project delays: If damage occurs, the policy ensures swift financial support for repairs or replacement, keeping your project on track.

What is Typically Covered?

A standard Contract Works Insurance policy may include:

• Damage to work in progress: Covers physical loss or damage to the work you are contracted to complete.

• Materials and equipment: Protection for building materials, tools, and equipment on-site or in transit.

• Third-party property damage: Covers accidental damage to neighbouring properties during construction.

• Hired-in plant: Protects hired equipment such as diggers, cranes, or scaffolding.

• Employee tools: Cover for tools owned by employees or contractors working on-site.

Common exclusions may include:

• Wear and tear: General wear or deterioration of materials and equipment.

• Design defects: Issues arising from faulty design, materials, or workmanship.

• Negligence: Damage due to negligence or lack of proper maintenance may not be covered.

• Pre-existing damage: Any pre-existing damage or flaws before the policy starts.

It’s important to note that coverage and exclusions will vary based on the specifics of your contract and insurer. Becks insurance brokers will help tailor the policy to meet your business’s unique needs and project scope.

Protect Your Construction Project with Becks Contract Works Insurance

Ensure your building projects are protected from start to finish with Contract Works Insurance. Book an appointment with a Becks Insurance broker here or request a tailored quote online here. Stay covered and keep your construction projects on schedule.