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Contract Works Insurance
All-risk insurance for single projects or multiple building developments - designed to protect everyone involved in construction.
Cover for Construction Projects of Any Size
We can tailor a Contract Works Insurance policy for a single project or for annual contract works covering multiple building developments. Construction comes with significant risk - multiple activities, multiple parties, and plenty of opportunity for things to go wrong. Contract Works Insurance provides the protection you need in one all-risk packaged policy.
What's Covered
A Contract Works policy provides cover for material damage, third-party property damage and third-party bodily injury, plus a range of additional construction-specific items required under your construction contract.
Who's Covered
A key feature of the policy is that it covers all the parties involved in the construction project - including the builder, the main contractor, financiers, sub-contractors and worker-to-worker arrangements.
Who Needs Contract Works Insurance
This cover is essential for owner-builders, builders and tradespeople contracted to an owner-builder. If your work involves construction in any capacity, Contract Works Insurance should be part of your risk management plan.
What This Policy May Cover
Material damage to the works
Third-party property damage
Third-party bodily injury
Defects liability period
Professional fees
Debris removal
Off-site storage of materials
Principal-supplied materials
Inland transit of materials
Cover for builders, contractors, financiers and workers
Whatever the size or scope of your project, Maxton Insurance Brokers can arrange Contract Works Insurance that protects every party involved. Contact us today to discuss the most suitable cover for your construction projects