Injuries to third parties and damage to third party property is often a standard requirement of contracts within construction. Anyone who works near property, or near people, potentially has an exposure.
However, the level of cover, type of liability and the extensions vary from cover to cover. In addition, the exposures vary from trade to trade and from person to person. Therefore, it is important to ensure the liability matches your needs.
Below is a snapshot of some of the different liability policies available. These are a combination of annual, site specific and extensions to the liability insurance to be aware of.
Covers the cost of claims made against your business by a client or a member of the public, should your work have resulted in third party injury or third-party property damage. Usually purchased annually but when arranging Public Liability for a one-off site we can look at all party cover or contingent liability.
Can be purchased separately but often as a package. Covers for losses occurred as a result of a product supplied causing damage or injury.
Part Products Liability
An extension to Public and Products Liability, covers damages to a product as a result of its own defect.
An employer can be legally responsible for damages to third party property even when negligence of the contractor cannot be proven. Often a requirement under the JCT contracts and written on a site-specific basis.
Contractors Pollution Liability
Third-party coverage for bodily injury, property damage, defence, clean-up, and related defence costs as a result of pollution conditions (sudden / accidental or gradual) arising from contracting operations performed by or on behalf of the contractor.
Environmental Impairment Liability
Can be for your past or current operations at a location, or for which you retain a legal liability. Cover includes claims for clean-up, bodily injury and property damage arising from pollution.
Property Owner’s Liability
Cover for damages to third parties if they suffer an injury following an accident on, or linked to, your premises.
An extension to Public Liability to cover damage to the insured’s products and damage to third party property that is being worked on which is usually excluded.