Construction

Protect Your Construction Project with Confidence

Whether you’re building your dream home, a speculative developer, or professional property owner, undertaking a construction project is a significant investment both financially and emotionally.

Often a contractual requirement requiring insurance to be arranged in joint names between ‘employers’ and contractors. Single Project Construction Insurance is designed to protect your interests throughout the entire lifecycle of the project,

What is Single Project Construction Insurance?

Single Project Construction Insurance, (sometimes known as Contractors All Risks Insurance for a specific project), provides dedicated cover for the risks associated with a specific construction site or project.

Policies are tailored to the unique requirements, exposures and duration of a project, often adhering to contractually agreed insurance provisions, ensuring peace of mind from start to practical completion and habitation.

Why single project insurance?

Some property insurers may not cover major works to a property and a policy therefore cover could be null and void
Property insurance policies are unlikely to cover damage caused by contractors
Arranging single project insurance gives you control and the peace of mind that your project has been underwritten in isolation.
Compliance with construction contract insurance provisions .

What can single project insurance cover?

Material Damage – Covers accidental physical loss or damage to existing structures, the works, materials, and equipment on site.
Contingent Third Party Liability – Protection against claims for injury or property damage to third parties arising from the project.
Specified plant, machinery & tools
Delay in Start-Up (DSU) – Optional cover for financial losses due to project delays caused by insured events.

Speak to us – Build with confidence.

Wilson Rose & Partners has extensive experience in arranging Single Project Construction Insurance, we are happy to liaise with your design team and contractors as necessary to ensure the process is as smooth as possible for you.