Contractors Insurance
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What does contractors insurance cover?
Contractors insurance provides comprehensive cover for building and construction projects. It protects both the owner and contractor against unforeseen damages and losses that may occur during the execution of the project.
The insurance covers the work object, materials intended for incorporation into it, as well as temporary facilities used for the performance of the insured work at the specified place of insurance.
The insurance covers existing buildings and parts of buildings that belong to the developer or are under the developer's risk. The insurance covers physical damage to insured objects as a direct consequence of the work being carried out, within the sum insured and with deductible specified in the policy.
The insurance covers the developer's liability for personal injury and property damage directly caused by the physical execution of the work described in the policy.
Contractors Insurance
with great benefits
Get a 15% bundle discount
When you combine your home insurance with, for example, car insurance and another insurance policy.
Only one deductible per claim
For claims involving multiple insurances, you only pay one deductible.
Free choice of repairman for home insurance claims
You decide which repairman you want to hire for the job.
Frequently asked questions
Below, you can find answers to frequently asked questions. Additionally, you can download the terms and fact sheet for the
Contractors Insurance.
The price of construction insurance depends on several factors, including the scope of the construction project, duration, risk and choice of excess. Typically, the price will be at least DKK 2,000 and rarely much more than DKK 10,000.
Call us at +4540508484 and we'll help you calculate a price.
Yes, it is recommended to take out construction insurance regardless of the size of the project as it protects against unforeseen events that can cause financial losses during the construction process.
Typically, you'll need to provide project details such as location, construction period, scope of work, material selection and expected budget. The insurance company uses this information to calculate the premium and cover needs.
Typically, you will need to provide details about the project, such as the location, construction period, scope of work, choice of materials, and expected budget. The insurance company uses this information to calculate the premium and coverage needs.
Yes, construction insurance can often be taken out for a specific project period. This makes it suitable for both short-term and long-term construction projects.
It depends on the project contracts. Typically, either the client or the main contractor takes out the insurance, but it's important to ensure that all risks are covered, regardless of who is responsible.
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Contractors Insurance
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