The need for a comprehensive insurance policy for a construction contractor
The need for a comprehensive insurance policy for an execution contractor always raises the familiar dilemma: on one hand, there may be problems such as damage to property, bodily injury, third-party damage - which are among the prominent issues in the construction industry; on the other hand, without contractors insurance, every damage is paid out of your pocket and, as known, the results can be severe to devastating.
The execution contractor bears a very heavy responsibility both in terms of the legal obligations imposed on them in many areas, especially in the field of safety and the criminal liability derived from it.
This is compounded by the fact that in execution contracts, the contractor is often subject to enormous financial responsibility, reflected mainly in lump-sum execution agreements where calculation errors regarding execution costs can lead to financial collapse - and this is a common scenario.
From all the above derives the great importance of careful planning of an all-risks insurance policy for contracting works that will provide a full response to the execution contractor for unforeseen damages at the construction site. This is where we come into the picture.
As a construction contractor, it is important that you know about:
Insurance for building constractor. It gives you peace of mind and also ensures that your pocket won't be damaged.
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For effective insurance, you need an insurance agency with experience!
The rich experience and comprehensive knowledge we have accumulated in the field of insurance in the construction industry give extra validity to our word with the insurance company and to the signing of policies such as contractors insurance in general and execution contractor insurance in particular, which we formulate. And here lie the great advantages for you.
✔ Cost – We cause significant cost reduction in insurance policies such as contractors insurance, professional liability insurance, or product liability insurance.
✔ Coverage scope – We build from the outset a policy that "sews up all the corners." We conduct the negotiations during the policy underwriting to prevent arguments when an event occurs.
✔ Creative solutions – Every construction project has its uniqueness, and therefore, sometimes there is a need to find solutions for situations and coverages that did not exist until now. Our rich experience allows us to create a unique solutions package for you.
✔ Close accompaniment – Heaven forbid in the event of a serious insurance event, we activate a team of insurance experts and, if necessary, experienced accident investigators and lawyers who will assist you in dealing with a serious accident.
Contractors insurance
In every type of contractors insurance, we turn every stone in the field to obtain for you the broadest insurance coverage at the lowest cost. In addition to the proven successes in terms of high coverage and low cost, there are other exclusive advantages and added value that make contracting with us even more worthwhile and profitable...
TAMA 38 Insurance - Essential Information for You
TAMA 38 insurance for strengthening buildings against earthquakes is one of the most complex types of urban renewal insurance. Since TAMA 38 work involves risk and a high probability of claims, insurance companies are in no hurry to issue insurance for strengthening buildings against earthquakes of its various types. It's good that you came here, especially if you want to obtain insurance coverage...
Contractor professional liability insurance
Who will pay compensation for a delay in delivery caused by a fire on site? And there is no shortage of examples of cases that require the activation of a policy. Experience shows that there is no construction project without faults, no construction contractor who does not make mistakes, and as we know, in this field, any damage is a very expensive matter. It's good that you came to us....
Contractor product liability insurance
This is the policy that protects you from troubles that have not yet been revealed. The coverage is for claims for damages that will result from a defect in the product (the structure) or one of its parts after the project is completed. This is long-term protection.
To achieve maximum insurance coverage at a low cost - you need an insurance agent who is an expert in the construction industry...
Safety in the TAMA 38 project
Strict adherence to safety rules in the TAMA 38 project is doubly important. This is an unusual construction site in that it "houses" residents and workers at the same time. This situation requires extreme attention and strict adherence to safety rules and safety training not only for workers on the site but also for the permanent residents of the building, since they are not aware of the dangers inherent in a construction site...
