Buildings can be at their most vulnerable when in a state of incompletion or repair, which is precisely why there’s a dedicated insurance policy to protect it.
Contract Works Insurance protects against the same perils as those presented in a building insurance policy, including fire, flood, storm, malicious damage and theft.
However the risks can be heightened, with raw materials left on site, and incomplete extensions more vulnerable to the elements than a fully constructed building that is better shielded.
Our advisers at MCM Insurance can take a look into your individual project and the protection it’s likely to need, with cover which can be extended to protect hired in or own plant, your tools and your employees’ tools.
As well the work in progress, a Contract Works Insurance policy can also protect your responsibility towards any adjoining buildings, ensuring that any damage you may inadvertently cause can be compensated.
We recommend this cover as an essential for general builders, bricklayers, shopfitters, and many other trades who work on existing buildings, to them from a potentially huge cost through project setbacks or building damage.