General Builders Insurance
Whether you are a sole trader or operate as part of a large construction company, we can compare and find the best General builders insurance deals for you. By comparing our wide panel of leading insurers, our friendly and knowledgeable team will ensure you get the best policy, for the best price. Fill out the form to get a builders insurance quote today!
What is general builders insurance?
General builders insurance, also known as general contractor insurance or building contractor insurance, is a type of business insurance designed to protect those working in construction from professional loss or damage. While insurance protection is recommended for all businesses in the United Kingdom, different levels of coverage and policy options are often required for different industry sectors. General construction insurance combines multiple protections within a single policy structure, covering all of the risk factors faced by builders on a regular basis.
Typical coverage options required by professional builders include:
- Public Liability
- General Property Insurance
- General Business Insurance
- Workers Compensation
- Employers’ Liability
- Fire and Theft
- Loss of Income
- Accidents and Sickness
- Builders’ Risk Policy
- Tools & Equipment cover
A builders insurance package combines all of these protections in one policy, with one easy to manage premium. Here at 1st Choice Insurance, we take the time to talk with you and create a policy that has been designed to meet your individual needs.
Who needs general builders insurance?
General contractor insurance is recommended for anyone who is involved in building, renovations, or repairs on a professional basis. Builders and small business owners are exposed to a number of risks from their work activities, including injury to themselves, injury to their staff, damage to the property of others, loss or theft of expensive tools and equipment, loss of business income, and loss of business reputation and assets due to significant legal expenses.
All of these factors need to be taken into consideration when drawing up a construction contractor insurance policy. Anyone who is exposed to any of these risk factors needs to ensure an adequate level of protection at all times. While insurance for builders is not a one-size-fits-all situation, a general builders insurance contract can help to provide full protection and avoid gaps in coverage and under-insurance risks.