Skip to main content

Posts

Showing posts from July, 2019

Understanding Construction Insurance

Construction insurance North Wales, is made up of many different types of insurance depending on the level of cover needed for your business, however, there are three essential types of cover that you will need which includes, public liability, product liability and professional indemnity insurance. It is important to know the purpose of each type of insurance if you are a contractor so that you know that you have the correct insurance in place for your business. The last thing that you would want to do is fall short and be liable to claims that can set you back more than just money alone, when it could have been avoidable.

Below is an outline of each type of construction insurance along with scenarios.

Public liability insurance
Public liability insurance covers you in the event that a member of the public is injured or damage is caused to them or the premises in which you are working. This may include the following:


Injury. You are covered if someone makes a claim against you for sli…