by Ben Rickard | Jan 29, 2022 | Insurance
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....
by Ben Rickard | Jan 15, 2022 | Insurance
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...
by Ben Rickard | Dec 8, 2021 | Insurance
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...
by Ben Rickard | Dec 8, 2021 | Insurance
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....
by Ben Rickard | Nov 1, 2021 | Insurance
If you want to avoid having to pay the hire company’s damage waiver charges every time then you can arrange your own annual policy to cover hired equipment. This could add up to a reasonable saving depending on the amount you spend on hireage each year and the value...
by Ben Rickard | Oct 29, 2021 | Insurance
If you’re a builder with an annual contract works policy (instead of taking out individual policies for each build) it’s important you understand which type of annual policy you have. Any misunderstanding of how your particular policy works could leave you exposed....