Construction Insurance
Keeping you and your team covered with construction public liability insurance during construction projects
Construction projects come with unique risks and challenges that require specialised insurance solutions. Construction insurance protects your business against accidents, property damage, delays, and other uncertainties in the construction industry. At SJL Insurance Services, we understand the sector’s complexities and offer tailored coverage to meet the specific needs of your construction business.
- Bespoke Tailored Coverage
- We Work With Industry Leading Markets To Get You the Best Rate
- Lloyds of London Commercial Broker
- Independent Broker Since 2001
Lines open 9am-5:30pm Monday-Friday
COVERAGE OPTIONS FOR YOUR CONSTRUCTION BUSINESS
Insurance is crucial for mitigating risks in the construction industry. We offer a range of specialised covers to protect every aspect of your operations. Below are the primary coverage options available under our construction business insurance plans:
Construction Liability Insurance
Construction sites can be hazardous environments, where injury to third parties or property damage can occur. Construction liability insurance covers:
- Legal expenses and compensation for third-party injuries.
- Property damage claims made by clients or the public.
- Financial protection against unexpected incidents on-site.
This policy provides peace of mind and security for construction businesses working on projects of any size.
Contractors All Risk Insurance
Contractors all risk (CAR) insurance safeguards your ongoing projects from unexpected setbacks. It ensures coverage for:
- Damage or loss to materials during construction.
- Coverage for free issue materials until project completion.
- Maintenance period protection for constructed projects before sale.
CAR insurance is essential for maintaining progress and meeting deadlines, even when unforeseen problems arise.
Employers Liability Insurance
Despite strict safety measures, accidents can happen. Employers’ liability insurance is mandatory for businesses with employees and covers claims related to injuries or illnesses due to work conditions. Key benefits include:
- Coverage for medical costs and compensation claims.
- Protection from legal disputes tied to workplace incidents.
- Compliance with legal obligations in the UK.
This policy helps create a safer and more secure workplace for your team and business.
Construction Site Insurance for Equipment and Tools
Construction projects rely on expensive tools, machinery, and equipment. Our comprehensive construction site insurance includes:
- Coverage for owned plant and machinery, whether in use, transit, or temporary storage.
- Protection for hired-in equipment, including contractual liabilities and accidental damage.
- Financial cover for ongoing hire charges in the event of damage to rented equipment.
Safeguard your investments with a policy designed to keep your projects running smoothly.
Other Specialist Construction Covers
We provide additional covers to ensure your business is completely protected:
- Fleet Insurance: For businesses with multiple vehicles, one policy covers all vehicles, including vans, HGVs, and special-purpose vehicles.
- Latent Defects Insurance: Coverage for structural faults and defects discovered post-completion, with up to 12 years of protection.
- Professional Indemnity Insurance: Protection against liability claims stemming from professional advice or services.
- Surety Bonds: Secure your contractual obligations with surety bonds, including performance and road bonds.
WHO IS CONSTRUCTION INSURANCE FOR?
Construction business insurance provides vital protection for companies across the construction sector, helping manage financial risks, legal liabilities, and project-related challenges.
This type of cover is suitable for:
Manufacturers and distributors of construction materials (including modern methods of construction)
Building contractors
Lead contractors and developers
Sub-contractors and specialist trades
Architects and design professionals
Surveyors
Plant and equipment hire companies
The right construction insurance ensures your business, people, and assets stay protected.
WHY CHOOSE SJL INSURANCE SERVICES?
SJL Insurance Services is an independent broker with over two decades of expertise in the insurance industry. Here’s why you should trust us with your construction insurance needs:
- Tailored Solutions: We provide bespoke coverage options, ensuring your policies are designed to meet your exact requirements.
- Industry Expertise: Our team understands the specific demands of the construction sector and offers personalised advice and support.
- Access to Leading Markets: Partnering with top insurers, including Lloyd’s of London, allows us to secure market-leading rates for our clients.
- Exceptional Service: From reviewing contracts to highlighting insurance requirements, we’re here to support your business every step of the way.
HOW TO GET STARTED
Securing construction insurance with SJL Insurance Services is simple:
- Request a Quote: Fill out our online form or call us to discuss your needs.
- Receive a Tailored Plan: Our experts will provide a customised proposal based on your specific requirements.
- Enjoy Peace of Mind: With the right insurance, focus on building your business without worrying about unexpected risks.
PROTECT YOUR BUSINESS
Construction insurance is not just an expense; it’s an investment in the future of your business. From safeguarding your employees and equipment to covering unexpected legal claims, the right insurance policy provides essential protection against the risks of the construction industry. Contact SJL Insurance Services today to learn more or to request a no-obligation quote. Our team of experts is ready to help you secure the coverage you need to operate confidently.
Construction Insurance FAQs
While the cost of insurance for your construction business varies depending on the size and type of the project. As well as the location, and the level of coverage required. On average, the cost can range from 1-5% of the total construction cost.
How We Help
With SJL Insurance services we take out the guesswork and make sure you get all the cover you need at the best price possible.
While in the UK, construction insurance is not a legal requirement, but it is highly recommended. Because of this, some clients, lenders, or local authorities may require contractors to have insurance in place before starting a construction project. Having insurance helps to protect both the contractor and the client against financial losses in the event of a covered loss during the construction process.
Because choosing the right construction insurance requires a thorough understanding of the risks involved in the project. As well as the coverage needs of the contractor, owner, and other stakeholders.
How We Help
It’s advisable to work with an insurance broker such as SJL Insurance Services to assess the risks and find the most suitable insurance coverage.
Certainly, Yes, construction insurance can be purchased at any stage of the construction process, including during the construction phase.
So if a contractor or owner doesn’t have construction insurance, they are at risk of incurring significant financial losses in the event of damage.
For Example
Property damage, personal injury, or other covered loss during the construction process.
To clarify, responsibility for obtaining construction insurance typically lies with the contractor, owner, or both, depending on the terms of the construction contract.
Firstly if a claim is made during a construction project, the insurance company will assess the claim. Secondly, it will then determine the amount of coverage available under the policy. Therefore if the claim is covered, the insurance company will pay the policyholder for the losses incurred.
In short, Yes, insurance coverage is available for both commercial and residential construction projects.
In short, Construction insurance typically covers natural disasters such as earthquakes, floods, and hurricanes, as long as they are specified in the insurance policy.
Always Check
So it is important to check the policy details to determine what natural disasters are covered and to what extent.
Can’t find an answer?
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