Contractors Insurance

If you are a contractor or tradesman, having the correct insurance to help
protect you against unforeseen circumstances is very important.

CONTRACTORS INSURANCE

Contractor Insurance is designed to protect individuals and businesses working on a contract basis. It covers a range of risks you may encounter, from accidental damage on site to legal claims from clients or members of the public. It can also include cover for your tools, equipment, ongoing work and your employees.

Some policies are a legal requirement, while others are vital for protecting your income and helping you secure new contracts.

Whether you are a self-employed tradesperson or manage a team of subcontractors, having the appropriate cover is essential. At IPS, we are dedicated to helping contractors find the right insurance to protect their business. Whether you work independently or manage a team, comprehensive coverage safeguards not only your equipment but your employees and your reputation.

Key Features of Contractors Insurance include (subject to quotation/terms & conditions):-

Public Liability Insurance

This provides essential protection against claims made by members of the public for accidental injury or property damage arising from your business activities. This is one of the most important types of cover for any contractor.

Employers’ Liability Insurance

A legal requirement if you employ staff or labour-only subcontractors. This protects your business if an employee or subcontractor suffers an injury or develops a work-related illness as a result of their duties.

Professional Indemnity Insurance

This covers your legal liability if a client suffers financial loss due to alleged errors, omissions or negligent advice in the professional services you provide.

Contract Works Insurance

Contract Works protects the work in progress on a construction or renovation site. It includes protection for materials, labour and temporary structures against risks such as theft, fire, flood, vandalism or accidental damage.

Tools and Equipment Insurance

Provides cover for your tools and equipment whether they are on-site, in transit or stored at your premises. It can include both owned and hired tools. Policies can be tailored to include cover for theft from vehicles and overnight storage.