Civil Contractors Insurance

What is Civil Contractors Insurance?

This is a combination of a number of different insurance policies that contractors working on large projects might need to meet their contractual requirements and protect their assets correctly. These contractors might be Earthmovers, Heavy Specialty Trades, Truck Operators, Crane Operators, Commercial Builders, Roadworkers, Plant & Machinery Hire Companies or Operators.

The covers they usually require consist of:

• Public & Products Liability Insurance (often with either principals and/or contractual liability cover)
• Contract Works Insurance (this might be for their full contract value or maybe a difference of excess with the principal contractor)
• Plant & Equipment Insurance (which could be extended to cover hired in plant instead of relying on the hire companies damage waivers)
• Pollution / Environmental Insurance (because not all loses might become apparent whilst on-site. Or they might involve things like asbestos which would be excluded by other policies)
• Directors & Officers Insurance (usually when accidents happen on large job sites they attract additional media scrutiny that can result in more likely investigations and legal proceedings)
• Professional Indemnity Insurance (this might come in the form of a specialised cover called design & construct and in the current insurance market is not an easy placement depending on tasks performed)