What does demolition contractor insurance include?
There are a number of risk and considerations to be made when choosing the right demolition insurance policy. For example, you will need to specify whether you are working at height. Beyond that, every policy varies slightly and should reflect your particular needs. Typically, a demolition contractor insurance policy will make provision for:
Demolition Contractors Public Liability Insurance
Imagine a wall or building you were demolishing became unsafe and a fragment of it injured a member of the public. Public liability insurance would protect you from the cost of defending any claim arising, as well as any pay out that was deemed to be required.
Demolition Contractors Employer Liability Insurance
Demolition work is dangerous. It’s not unthinkable that you or a member of your staff (whether directly employed, contracted or casual) could get hurt or worse. Employers liability insurance would protect you against a claim, including legal defense costs and any compensation payout. If you have anyone working under your control, employers’ liability is a legal requirement in the UK.
Demolition Contractors Plant and Machinery Insurance
Whether you own your own plant and machinery or hire in equipment for particular demolition jobs, you need to ensure they are adequately insured. In addition to any cost for replacement or repair of a piece of equipment that is damaged or stolen, you may need to consider how quickly you can get a piece of work up and running again.