Contractors All Risk Insurance covers damage caused to property by a range of different events such as fire, flood, storm, vandalism or theft. The policy will cover damage caused by anything not excluded, this is why it’s named ‘all risks’.
The property insured by the policy can be appreciated in three broad categories:
Qdos Contractors' All Risk policy is available with a range of coverage options provided in the table below.
When deciding on the option that’s right for you, please consider:
*Please note there is a £500 limit per employee for employees tools and effects
|Option A||Option B||Option C||Option D||Option E||Option F||Excess|
|Contract Works Limit||£10,000||£25,000||£50,000||£100,000||£175,000||£250,000||£500|
Construction plant tools, machinery
|Construction plant tools, machinery and
equipment hired by the insured
|Employees tools and effects||£1,000*||£1,000*||£1,000*||£1,000*||£3,750*||£5,000*||£50|
Contractors All Risks Insurance should be considered by anyone working on a building site.
Whether you need it will depend on whether you are responsible for:
Yes, it can. Qdos’ Contractors All Risks Insurance covers damage to and loss of construction plant tools, machinery and equipment hired by the insured. Some providers may offer cover for damage of loss of plant in isolation, whereas Qdos’ Contractors All Risks Insurance covers:
The Contractors All Risks Insurance policy wording will set out the coverage in full, however some notable exclusions are:
Ask away! One of our team will get back to you!