We sometimes have clients asking to remove the automatic allowances within contract works insurance, since they believe they are not relevant to their job. This is a bad idea! What are these allowances? These are the typical ones: Principal Supplied Materials Some...
With the market under pressure from all angles at the moment there are plenty of projects running over their expected completion date. If you don’t remember to extend the contract works insurance then you risk not having cover if something happens after it expires. In...
Contract works insurance is intended to cover accidental damage or loss to the works being built. If you’re thinking that the damage should be covered by the builder’s public liability insurance, this is complicated. Public liability only covers your liability for...
With supply chain issues causing much longer lead times for building materials, which creates further scheduling challenges, there’s a good chance that your project may be interrupted or delayed for a significant period of time. Insurers don’t like to...
It’s easy to forget things when you’re busy trying to finish off projects for demanding customers, as well as looking forward to a well earned break over Summer. But if you don’t take some simple precautions your break could go off the rails....
