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What insurance should we get - using more than 1 "main contractor"


Meabh

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We are knocking down a bungalow and rebuilding using

 - Demo Company

 - ICF company to weathertight (they will do windows)

 - Flat roofing company

 - Render company

 - Builder for the interior fit out (he will manage the subcontractors)

 

They all have their own insurances but we are concerned about gaps between handovers or eg if the render co is on site at the same time as the internal builders.

 

We aren't using 1 main contractor but we also aren't "employing our own trades" so can't get our head around where we sit on the "self build insurance" scale.

 

We are getting quotes of about £2k for 12 mths for public liability & rebuild. What have others done?

 

Many thanks

 

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We’ve insured for fire theft Vandalism 

Any materials onsite and liability to the public 

about 1900 for two years 

As above all trades will have there own liability Ask to see it 

Don’t leave anything valuable onsite 

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35 minutes ago, nod said:

We’ve insured for fire theft Vandalism 

Any materials onsite and liability to the public 

about 1900 for two years 

As above all trades will have there own liability Ask to see it 

Don’t leave anything valuable onsite 

Who did you use? Thanks

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1 hour ago, Russell griffiths said:

What would have happened if it burned down one night

Walls are woodcrete ICF, so don't burn easily. Everything else effectively self insured.  Someone stole a wheel barrow, that was all, so I was lucky.

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1 hour ago, Russell griffiths said:

What would have happened if it burned down one night. 

This is our concern - if there is a gap between contractors (even for a few days)...

 

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We had ProActive self build insurance.  Bought through the Insurance broker in our village.  I think we started out with 1 year (Feb 20, pre COVID), then extended 6 month, and again 6 months, and then had to extend monthly for 4 months.  

 

about £1k a year,  We did get stung when we had to increase the sum insured on the buildings when we took out our self build mortgage and they came up with a rebuild figure higher than we originally had insured for. The Selfbuild mortgage lender, wanted employers liability, public liability, and buildings, all of which we had in the self build insurance policy anyway.

 

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18 hours ago, Meabh said:

This is our concern - if there is a gap between contractors (even for a few days)...

 

In my case I felt £1000 for peace of mind relative to the overall cost of the build was inconsequential regardless of what insurance the contractors had. 

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If anything was to happen on site, it is very likely that you would be involved in any legal proceedings.

You must have insurance, then your people can argue with theirs.

Your cover must also be comorehensive enough that the insurers first action is to deny cover.

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That should be " not" to deny cover.

 

Never discount the effect of daytime television, "have you had a accident". They will go after all parties hoping for a payoff or more.

 

Your insurer should take the argument off your hands. 

 

And as I have said umpteen times...keep a project diary of personnel on site, what they are doing, and anything of note.

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