Contractors All Risk Insurance

If you work in construction, you’ll know of the risk of loss or damage to building or civil works, through damage to the property of third-party claims. Here contractors all risk insurance policy can work to help protect the contractor or the employer from such risk or damage.

What is Contractors 'All Risk' Insurance?

Contractors' all risk insurance policies are considered non-standard insurance policies while the primary reason for purchasing a contractor’s all risk insurance cover is to guard against anything you are doing on site.

Damage claims for a property may include things such as the structure being incorrectly constructed or receiving damage during a renovation. Whereas third-party claims may come from subcontractors becoming injured while working. Here the contractors all risk insurance policy helps to bridge the gap between these two risks into a single common insurance policy.

Who can take out Contractors 'All Risk' Insurance?

Contractors works insurance is typically taken out jointly by both the contractor and the employer at the same time, with multiple parties included in the same policy. They each keep the right to file a claim against the insurer, although all parties also have the responsibility of notifying the insurer of any grievances and damages that could bring about a claim, even if there is no intention to make one at that time.

Contractors All Risk Insurance

What is covered by a Contractors 'All Risk' Insurance policy?

Risks often covered under contractors all risk policy include fire, flooding, and water damage as well as construction faults. General wear and tear and inadequate workmanship, however, are not covered.


In essence, if there are unforeseen events, the contractors all risk insurance will cover the costs of the work being re-done. An example of this would be if, during the extension of a house, it was hindered by fire, the customer is not at fault and neither are the contractors. As a result, contractors all risk insurance would pay out for the work to begin again.


These policies cover a wide range of aspects, from plant hire costs to any temporary works. Contractors all risk insurance policy can save you money in the long run, should the above ever occur.

What if I own a building but already have a policy?

Your current insurance cover for a building which you own and have decided to refurbish or rebuild will not cover you whilst any renovations are in progress. You must take out a separate insurance.

What is an extension of cover?

As an added extra to the insurance policy which covers you during the period that the construction or renovation is taking place, most forms of contractors work insurance also have the ability to cover any issues which may only become obvious following the handover of the premises. This is more often than not known as the maintenance period.

What’s included in a contractor's all risks insurance policy?

Contractors all risks insurance covers you for a broad spectrum of cases, more than you may be aware of. The policy will cover your: -

  • Contract Works
  • Own Plant
  • Tools and Equipment
  • Employee's Tools
  • Hired Property
  • Temporary Buildings and Fittings

Just as important as being aware of what contractors all risk insurance policy will cover you, is knowing what the policy does not cover you for: -

  • Existing Structures
  • Repair of rectification required as a result of defective design, planning, materials or specification
  • Unsatisfactory Workmanship
  • Liquidated Damages
  • Negligence
  • Loss of Profit or Revenue
  • Professional Indemnity

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GI Disclosure: Rigby Financial is a trading name of Ralph A Rigby Insurance Services Ltd, which is Authorised & Regulated by the Financial Conduct Authority No. 306240. Registered in England No 5038856