We've had a number of queries recently from builders (and it’s a regular question) asking what happens if their customer doesn’t arrange contract works insurance on a renovation or alteration. As most of you should know by now, when a project involves working on an...
Recently, a customer of ours was ordered by the Employment Relations Authority (ERA) to pay compensation to a former employee. They only informed us of the situation after the judgment was issued. We lodged a claim with their insurer. Failing to notify your insurer as...
This 5 minute read headlines the top 5 ways to reduce the risk of defects and explains how the three types of defective workmanship insurance work.
Customers with NZI’s commercial vehicle insurance now benefit from free Roadside Assistance.
Is landscaping covered by insurance? If a landscaper starts a fire will their insurance cover their liability for the resulting damage? These are the questions we answer in this article.
If your trailer is loaded in excess of the manufacturer’s specification this may void your insurance in the event of an accident.
Concrete contractors will often have a rip & tear exclusion added to their public liability insurance. This article covers what this means.
Cyber risk is a growing threat to small business in New Zealand. Here are some tips to minimise your risk as well as a recent claim example from a building company.
See how one customer saved $30,000 from their insurance bill through Builtin’s comprehensive insurance assessment.
Contract works insurance, also known as contractors all risk or builders risk insurance, is designed to protect the construction project from physical loss or damage. This typically includes the work in progress and materials on-site.
Following the leaky homes crisis most public/general liability policies in New Zealand include a Building Defects Exclusion. Read more about that here: Be Aware of the Building Defects Exclusion. Essentially, it excludes claims related to water penetrating the...
Some real Court judgements highlighting the case for construction firms to have statutory liability insurance.
