Tony C Posted September 26, 2019 Share Posted September 26, 2019 (edited) Hi, I am planning to start on our house build finally end of next month (finally!) The plan is to hire groundwork contractor for the drainage/foundation, then self manage the timber frame build with carpenters. Groundwork guy shared his insurance policy as below, but I am wondering if I need any extra insurance or I should ask groundwork guy to add some extra policy as I am not sure if his insurance would cover site insurance (in case of damage) or any insurance against damages to neighboring properties. (building a terraced house means excavating close...) ------------------------------------------------------------------------------------------- Policy Zurich Tradesman Insurance Public & Products Liability: £5,000,000 any one incident Indemnity to Principal clause included Employers Liability: £10,000,000 any one incident Temporary Employees: £5,000,000 Public Liability any one incident £10,000,000 Employers' Liability any one incident Professional Indemnity: £100,000 Aggregate inc costs and expenses Financial Loss: £100,000 any one claim/period of cover Contract Works: £100,000 sum insured Personal Tools: £1,000 Personal Accident: Benefits as per schedule ------------------------------------------------------------------------------------------- Any comment would be a help, many thanks! Edited September 26, 2019 by Tony C Link to comment Share on other sites More sharing options...
nod Posted September 26, 2019 Share Posted September 26, 2019 Regardless of what insurance contractors have You need site insurance Prior to breaking ground Some would say as soon as you purchase your plot Tge site insurance is more about people wondering onto the site and getting injured and will cover fire criminal damage to the building If you get a safety visit You will be asked for your site insurance Link to comment Share on other sites More sharing options...
Russell griffiths Posted September 26, 2019 Share Posted September 26, 2019 Is it not identified in your party wall agreement what limit of insurance you need, and by whom. Link to comment Share on other sites More sharing options...
Tony C Posted September 26, 2019 Author Share Posted September 26, 2019 22 minutes ago, Russell griffiths said: Is it not identified in your party wall agreement what limit of insurance you need, and by whom. I have just completed party wall award, and waiting to receive the docs, will check. Thanks! Link to comment Share on other sites More sharing options...
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