Construction Insurance
Flexible construction insurance for contractors, builders and trades.
Dickson & Wilson Insurance Brokers
What Affects Your Construction Insurance Premium?
Construction insurance is not a one size fits all policy. The cost of your cover depends on several factors related to the type of work you carry out, the size of your projects and the risks involved on site.
We help contractors and construction businesses understand these factors and arrange insurance that balances the right level of protection with competitive pricing.
Here are some of the key things that can influence your construction insurance premium:
Type of construction work;
The kind of work you carry out has a major impact on insurance costs. Higher risk activities such as roofing, structural work or demolition may result in higher premiums compared with lower risk trades.
Business size and turnover:
Insurers often look at the size of your business and annual turnover. Larger projects and higher contract values can increase potential risks and affect the cost of cover.
Number of employees and subcontractors:
The more people working on your projects, the greater the potential exposure to accidents or claims. Whether workers are employees or subcontractors can also influence cover requirements.
Claims history:
Your previous insurance claims history plays an important role. Businesses with fewer claims and a strong safety record may benefit from lower premiums.
Health and safety procedures:
Insurers may consider your approach to health and safety, training and risk management on site. Strong safety practices can help reduce risk and improve your insurance terms.
Dickson & Wilson Insurance Brokers
Types of Construction Insurance Cover Available
When arranging construction insurance, it is important to choose the right level of cover for your business and the work you undertake. Common options include:
Public Liability Insurance
Protects your business if a member of the public is injured or their property is damaged because of your work.
Employers Liability Insurance
Required for most businesses that employ staff. This covers claims from employees who are injured or become ill because of their work.
Contractors All Risk Insurance
Provides cover for construction projects including damage to works in progress, materials and site risks.
Professional Indemnity Insurance
Suitable for contractors who provide advice, design or project management services.
Plant and Machinery Insurance
Protects construction equipment, machinery and tools used on site.
Fleet Insurance Extras
Additional Cover Options
Optional extras such as tools cover, hired in plant protection and legal expenses can be added depending on your business needs.
Tools Insurance
Protection for tools and equipment against theft, loss or accidental damage.
Hired In Plant Cover
Cover for machinery or equipment rented from another company.
Contract Works Cover
Protection for building works in progress against risks such as fire, storm or vandalism.
Legal Expenses Cover
Protection against legal and defence costs related to disputes or claims.
Goods in Transit
Cover for materials or equipment being transported between sites.
Experienced Insurance Brokers
Our Promise to Fleet Customers
At Dickson & Wilson, we believe we work better together.
With almost a century of collective experience and local experts across multiple branches, we provide hands on support and clear advice at every stage of your construction insurance policy. From initial quote through to ongoing support, our priority is helping you protect your projects, equipment and workforce.
If you are looking for construction insurance that offers flexibility, value and expert support, speak to our team today.
Construction Insurance
FAQs
What insurance do construction companies need?
Most construction businesses require public liability insurance and employers liability insurance. Depending on the work involved, contractors may also need contractors all risk cover, plant insurance and tools cover.
Is construction insurance required by law?
Employers liability insurance is usually required if you have employees. Other policies such as public liability are not always legally required but are often necessary for contracts and site access.
Does construction insurance cover tools and equipment?
Standard liability policies may not cover tools. Separate tools insurance or plant cover can protect equipment against theft or damage.
Do subcontractors need their own insurance?
Many contractors require subcontractors to carry their own insurance, particularly public liability cover, before working on site.