Contract Works Insurance

What is Contract Works Insurance?  

When you’re working on a construction site, plenty of things can go wrong. Damage or loss to a building could cost you time, money, and even your reputation. Meanwhile, an onsite injury can result in considerable pain, stress, and financial loss.  

That’s why having the right amount and type of contract works insurance is an essential part of your business toolkit. This insurance product allows you to focus on the job at hand with less stress and worry, ensuring you’re protected against unexpected issues.  

Who should consider it?  

Contract works insurance is highly recommended for small, medium, and large commercial, industrial, and domestic builders, sub-contractors, and owner-builders.  

Most owner-builders opt for contract works insurance for a specific project, while professional builders generally choose an annual policy that provides coverage for multiple contracts. If you need guidance on selecting the best insurance products for your needs, consider reaching out to experts like PMI Consulting.