Construction company insurance

Flexible insurance, designed for specialists

Insurance, construction companies and the building trades are at the heart of what we do at Simply Business. We understand that your business faces unique risks and challenges, and you need an insurance policy that protects you day in, day out. With our flexible options, you can build a policy that works for you, choosing from a range of key insurance types. It’s quick, quality cover, without the hassle.

Cover from £6.82 a month, get insured in minutes. (10% of direct debit customers repay their annual policy in 10 monthly payments of £6.82 or less across all our trades insured. Based on data from 1 October 2019 - 31 March 2020, for comparison only. Cancellation charges may apply, please refer to our full terms & conditions.)

What insurance do construction companies need?

Public liability insurance is often a very important cover for construction companies, as it can protect you if someone is injured or their property is damaged because of your business. Simply Business offers between £1 million and £5 million in cover, to protect you against this cost.

If you have employees, contractors, casual workers or temporary staff, you’re required by law to take out employers’ liability insurance. It’ll cover claims from employees who’ve been injured or become seriously ill as a result of working for you.

Professional indemnity insurance is a vital consideration for all businesses that give advice or offer professional services to other businesses. It covers you in the event that you give faulty advice that causes financial loss to a client.

Personal accident insurance may be important for those working in construction as it covers both lost earnings and medical costs if they result from a serious injury sustained at work.

Tool insurance, plant and machinery insurance and business equipment insurance are also popular covers for construction businesses.

Construction insurance policy details

• Make sure you read your policy documents carefully in order to understand any exclusions
• If you take out equipment cover, be careful not to underestimate the replacement value of your equipment
• Try to find out what level of professional indemnity insurance your clients might expect before you buy
• If you employ people, even in your own home, you are legally obliged to take out employers’ liability insurance. Failure to do so could result in heavy fines

Need more details? Hear more about your business cover options from our expert team in a quick set of videos. Just choose the cover you’re interested in and get some expert insight into how each option can help your business. You can also check out our business insurance FAQs.