Contractors' Insurance | Contractors All Risk Insurance

Cover to protect you and your team

Gallagher can help you protect your business and meet your legal obligations and responsibilities as a contractor, builder or construction operator.

Are you a self-employed contractor? Do you run or own a contracting business? At Gallagher, our team understands the hard work effort that goes into managing the expectations of your clients. Being a contractor has certain legal obligations and responsibilities. When something goes wrong, having an insurance solution in place can make all the difference. This is where contractors' insurance comes in – and it's something that we can arrange for you.

What is contractors' insurance?

Whatever your trade or area of expertise, contractors' insurance is an important consideration to safeguard your interests covering a range of occupations including builders, cleaners and landscape gardeners. There are always risks and dangers in your line of work. And despite all the training, experience and preparation you have, things can go wrong. When the unexpected happens, having adequate insurance can help protect your business.

Contractors' insurance – and the levels of protection it affords – helps ensure your business relationships. You depend on your clients for your income. Your clients depend on you to deliver. These relationships should stand the test of time.

So, why not call on our team of contractors' insurance specialists. With our vast experience, we're here to help self-employed contractors and sub-contractors to get peace of mind when on your next job. We know the various aspects of contractors' insurance can be confusing. But we're on hand to guide you through them. And we'll give you a clearer picture of what cover you may need.

Contractors' insurance: What does it cover?

Life as a contractor can mean no two days being the same. You might move from one site to the next, or be retained by a client to deliver a major project. In a fast moving world, important deadlines may be missed, an error or accidental oversight may occur in the advice you provide, or the equipment you need to deliver the project might be damaged or stolen.

When that happens, contractors' insurance offers a layer of protection to help you to resolve the matter and keep you moving forward. It covers a range of scenarios from legal disputes, equipment issues, through to accidents and injury on site. Whatever your role as a contractor involves, Gallagher can tailor an insurance solution around the way you want to work. Here are some examples that we can help you with:

Contractors’ all-risk insurance

As the name suggests, contractors' all-risk insurance offers a comprehensive level of cover. This usually protects you against numerous potential problems. It covers third-party injury or property damage claims – bringing a number of types of risk cover into one single policy.

In the UK, contractors’ all-risk insurance covers loss and damage caused by things such as fire, water damage and flooding. It can also offer protection if your equipment or work materials are lost, stolen or accidentally damaged. For many contractors, this is a 'must-have' policy.

Contractor public liability insurance

Under UK law, there's no legal requirement to take out contractor public liability insurance. But why risk it? You could easily face a sizeable bill if you have an accident that causes property damage or injury to a member of the public. But contractor liability insurance means that you'll be insured.

It can be good practice to have contractor public liability insurance in place too. Clients or main contractors (if you're a sub-contractor) may want you to have this type of cover before you start on your next job. Most cover starts at £1 million, but it can be increased if you need it to be.

Contractor indemnity insurance

With nearly every project, the job will go without a hitch. Sometimes, however, you might make a mistake or forget to do something. If so, it's possible that a client will make a claim against you for their financial loss. Professional indemnity insurance for contractors can be a useful safety net if this should happen.

It can be a valuable form of building contractors' insurance, for example. But, for any contractor, it can offer huge reassurance if something does go wrong and you're found to be at fault.

Contractor equipment insurance

Juggling the job as a contractor with all the planning and logistics involved can be time consuming. Stolen plant and equipment or it being out of action due to accidental damage may be another thing to add to the list. Having contractor plant and machinery insurance coverage in place can help with the financial loss and the headache of managing an unexpected issue.

Given the diverse range of options available, including professional indemnity and public liability insurance for contractors, we can help you to identify the cover that’s most relevant to you. And if this leaves you scratching your head, no problem, we're here to help. Call 0800 138 7580 today or complete a simple online form to talk to one of our specialists.

Why do I need contractors' insurance?

You might think that some risks are worth taking. In some sectors, that could well be the case. But, in others, there's so much that can go wrong – even if only in the worst-case scenario. It's why you should make sure as a contractor you have cover as you can also be hit hard if your tools and machines are put out of action. Two-thirds of UK builders have had tools stolen, according to research. With adequate contractors' equipment coverage, you shouldn’t – at least – be left out of pocket.

By talking to our specialists, we'll help you see the bigger picture. You might feel that professional indemnity and public liability insurance for contractors is enough. But we can also help you determine if you're likely to benefit from a more comprehensive level of contractors’ all-risk insurance.

To explore your options, get in touch with our contractors’ insurance specialists or phone 0800 062 2027.

Will I be covered as a sub-contractor?

As a sub-contractor, you can't be sure that you'll be covered by the main contractor’s insurance policy. It can change on a case-by-case basis, of course. But the only way to know for certain if you're covered is to explore your own contractors’ insurance options with our team of specialists.

How much will my contractors’ insurance cost?

The cost of contractors’ insurance reflects a number of considerations, including the scope and scale of what you deliver as a contractor. Whatever the type of work you deliver for clients, we can provide a range of contractors’ insurance policies that are tailor-made – and fit for purpose.

Contractors’ all-risk insurance policies are a useful starting point. But, even then, different factors can influence your monthly or annual cost. By choosing Gallagher, however, please rest assured that we're committed to ensuring absolute value. You can get a quote today by getting in touch with one of our contractors’ insurance specialists. Alternatively, you can phone our team on 0800 062 2027.

Why choose Gallagher for contractors’ insurance?

We know there are a range of contractors’ insurance choices available in the market. That said, we’re confident that Gallagher is a smart choice for contractors, builders and construction operators. As insurance broker to more than 1 million UK businesses, we're proud to support contractors and help them to protect their livelihoods.

You can benefit from access to a team with years of experience in the building and construction industry, providing contractors' insurance solutions to a wide range of professionals who come to us in search of the insurance cover that helps enable them to get the job done.

From specific building contractors' insurance to liability insurance for contractors, our team is ready and waiting to help. We'll explain the options in easy-to-understand language so you’re clear on what you're signing up to.

How can I find out more about contractors’ insurance?

To connect with our team to discuss your contractors’ all-risk insurance policy, call us today on 0800 062 2027 or complete a simple online form and a member of our team will be in touch.

These are brief product descriptions only. Please refer to the policy documentation paying particular attention to the terms and conditions, exclusions, warranties, subjectivities, excesses and any endorsements.