Competitive Construction Insurance
Looking for cheaper construction insurance? Let Coversure compare our markets to find the right construction public liability insurance for you. As one of the UK’s leading construction insurance specialists, we can help insure you against the many risks that construction and building firms face.
Construction Insurance, Backed By ‘Exceptional’ Service
Looking for cheaper construction company insurance? Let us compare our markets to find the construction public liability insurance that’s right for you. Whether you need construction all-risks insurance, public liability cover, construction contractors’ insurance for yourself or construction company insurance for your business, call us today on 01483 434343 or request a callback and let our award-winning team help you get the protection you need.
Call us today on 0800 977 6037 and let our award-winning team help you.
Why choose Coversure for your Construction Company Insurance?
Our award-winning team is rated as ‘Exceptional’ by feefo, and with over 50 years of construction insurance experience, you can rest assured you’re in safe hands. As an independent broker, we’re not tied to any one insurer, and we’ll compare the market to find you great cover for a price. To find out more, call us free on 01482 434343 or start your construction insurance quote today.
What is Construction Insurance?
Construction insurance, also known as construction company insurance, offers building suppliers, tradespeople, and construction businesses the contractual, liability and professional indemnity protection they need. Construction insurance is a flexible policy, and at Coversure, we can tailor protection to your/your business’s needs.
What does Construction Insurance cover?
Construction insurance from Coversure can be tailored to your needs. In its most basic form, it will give you the public liability insurance and professional indemnity insurance that construction firms need. Most people and construction firms take out a mix of covers to fit their needs. The most common ones are shown opposite.
- Construction bonds – which protect project owners from financial losses due to a contractor’s failure to complete a project according to the contract terms
- Contract works – covering loss or damage to the building under construction, including materials, structures, and equipment.
- Public liability insurance – in case of accidental injury or damage to someone’s property
- Plant insurance – for both owned and hired-in plant
- Employers’ liability insurance – if you have any employees, then this is a legal requirement
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Non-Negligence Liability – covering damage to neighbouring properties caused by construction, even if the contractor was not at fault
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Tools and equipment – including theft, damage, or loss of tools and equipment used on site
- Workers’ injuries – including medical expenses, rehabilitation, and lost wages for injured employees
Call us today on 0800 977 6037 and let our award-winning team help you
Who Needs Construction Insurance?
Anyone working in the building and construction industry can benefit from having construction insurance or construction company insurance in place. Specific trades and groups include:
Allied Trades
All trades catered for including electricians, plumbers, plasterers, dry liners, cladding companies or insulation contractors to name just a few.
Niche Trades
Various niche trades requiring specific covers such as efficacy need specialist insurance. Speak to one of our team for trades including alarm or solar panel installers.
Building Contractors
Whether a one man builder or a small to medium building contractor we can arrange insurance for you including alterations and repairs through to new build.
Builder’s Merchants
Often needing cover for premises, stock, liabilities, goods in transit and fleet, we understand the breadth of cover needed and can provide confidence you have the protection you need.
Sub-Contracted Building Firms
Sub-contractor of all kinds are vital to the construction industry, both labour only or bona fide and may be direct or via an employment agency requiring additional cover all of which we can help with.
Construction Firms
Whether providing ground works, laying concrete, new build cleans, steel erection or heating, ventilation and air-conditioning, we do it all!
Property Developers
Property developers and property owners have additional needs and may need contract works or JCT cover for existing structures being developed.
High Risk Tradespeople
Scaffolders and Roofers require the same protection as other construction companies however the higher risk activities must be correctly insured with tailored policies.
How much does
Construction Insurance cost?
At Coversure we don’t believe in one-size-fits-all solutions for our clients. Instead, we’ll get to know your needs and create a package of cover that fits your requirements. What we can say is that your construction insurance quote will depend on things such as…
The level of cover you require – so the policy limits on things like your public liability insurance
Which policy elements you’d like to include – if you have employees, you’ll need employers’ liability insurance, for example
The value of your equipment
The type of work you do – if you’re operating in high-risk inner-city construction sites or on motorway maintenance, that will push up your premiums
Your claims history
The size of your business
The type and size of clients you work for – doing building work for homeowners will be seen as less risky than working on multi-million-pound commercial projects
Whether you want to pay monthly or annually, annually will usually prove cheaper
Where is your equipment stored at night
The duration of the work – the longer the project, the greater the chance of a claim
The ages, skills and qualifications of your team
How to get cheaper Construction Insurance
There are several easy ways to potentially get cheaper construction insurance quotes, including:
Shop around – like any other insurance policy, it can pay to shop around. Better still get an independent plant insurance broker such as us to do the shopping around for you
Use an independent insurance broker – construction insurance quotes can involve multiple complex risks with policies containing exemptions and limits that may not be obvious to the layman. By getting some advice from an independent broker that specialises in construction insurance such as us, you can be sure of getting the cover you need
Increase your excess – your excess is the amount you pay in the event of a claim. We’ve seen quotes come down by as much as 10% by increasing the excess
Pay annually – while it’s convenient to pay monthly it will cost you more
Undertake a risk assessment with your broker – a documented risk assessment can help bring your quotes down
Invest in health and safety training – health and safety is no accident and training your team can reduce the chances of injuries and lower the chances of a claim, both of which can help cut the cost of cover
If you’re insuring plant equipment as part of your policy, avoid insuring young drivers
Store tools, materials and equipment securely and if left on site, fit CCTV and tracking devices on vehicles
How much does Construction Insurance cost?
At Coversure, we don’t believe in one-size-fits-all solutions for our clients. Instead, we’ll get to know your business’s needs and create a package of cover that fits your requirements. What we can say is that your fleet insurance quote will depend on things such as…
The level of cover you require – so the policy limits on things like your public liability insurance
Which policy elements you’d like to include – if you have employees, you’ll need employers’ liability insurance, for example
The value of your equipment
The type of work you do – if you’re operating in high-risk inner-city construction sites or on motorway maintenance, that will push up your premiums
Your claims history
The size of your business
Your level of no claims bonus
Whether you want to pay monthly or annually – annually will usually prove cheaper
The type and size of clients you work for – doing building work for homeowners will be seen as less risky than working on multi-million-pound commercial projects
The duration of the work – the longer the project, the greater the chance of a claim
The ages and skills of your team
Where is your equipment stored at night
Committed to finding you the protection you need
If you’d like some independent advice or an insurance quote, please call us on 01482 434343
Committed to finding you the protection you need
If you’d like some independent advice or an insurance quote, please call us on 01482 434343.
Insurance specialists for business, property and motor
Local service – online, by phone, or in person
Help and advice to ensure you’re protected
Frequently Asked Questions
We get asked a lot of questions about construction insurance, so to make getting the cover you need easier, here are our construction company insurance frequently asked questions and answers. We’ve covered the most important issues here, but if you’d like some independent advice, then please call us free on 01482 434343 or request a callback. Our team of specialists will be happy to talk you through the options to ensure you get the protection that’s right for you.
Construction insurance offers construction industry professionals and construction businesses the contractual, liability, and professional indemnity protection they need. Construction insurance is a flexible policy that can be tailored to cover to your/your business’s needs
Anyone or any firm working in construction or related industries can benefit from having construction insurance in place. This includes builders, plumbers, electricians, builders’ merchants, supply firms, building contractors, construction firms, contractors and property developers, to name but a few
No, it can cover everyone from independent tradesmen to suppliers to the construction industry
There are lots of covers on offer, the most common ones being employers’ liability, public liability, contractors’ all-risks, materials, tools, professional indemnity insurance, contract works, plant insurance, the list goes on and on… If you’d like some personalised, independent advice as to what construction insurance can cover, please contact us on 01482 434343 or request a callback.
No, but if you have employees, then you will need employers’ liability insurance
Yes. The amount of cover varies from insurer to insurer, but a typical policy limit is around £15,000 for materials, and it can cover things like ongoing charges for hired-in plant
Yes, it’s included under the public liability and employers’ liability sections of the policy
Yes, it can cover stock and materials stored off-site, so long as this is noted in the contract, and they are stored securely
Yes, usually under the consequences of damage due to a defect in design, plan or specification, materials, or workmanship. A property in a defective condition is often excluded, though we can get an extension to cover that too
Getting a quote is easy. Call us today on 01482 434343 and one of the team will be happy to help
