It is important that your contractor holds a current liability insurance policy.
The basic components of Liability Insurance are:
Many contractors are sole traders and use subcontractors for the work that they do and will, therefore, only have Public Liability insurance.
When your business has taken our public liability insurance, whether short or long term it is important to know the insurers’ duties which are usually: Defend your business in the case of legal pursuit, indemnify and settle a reasonable claim.
A key thing to look for is whether your contractor’s policy covers liability for the property being worked on and know exactly who is covered by the policy – if your contractor is a sole trader or is using subcontractors they will each carry their own cover so you should ask to see these certificates too.
Insurance is imperative for most businesses, follow the links below to find out more or simply contact us for further information, advice and quotes on liability insurance.
Build Safe is a trading name of London Belgravia Brokers Ltd, Registration Number: 9069586 . Trading address is 60 Margaret Street, London, W1W 8TF. London Belgravia Brokers Ltd is an appointed representative of Ten Insurance Services Ltd, which is authorised and regulated by the Financial Conduct Authority.
60 Margaret StreetLondon W1W 8TF
020 3701 0422
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