Finding the right property developer quote involves knowing the cover required. Each project is unique – which is why property developer insurance cover is flexible.
You can select a range of cover depending on your needs. For example, you may need to provide cover for land prior to a build.
You’ll need to look for relevant cover types depending on your project and the building stage you are at
Protect against physical damage to any works carried out – up to the full contract value if required. Basic cover includes things like flood, fire, or storm damage, as well as theft and vandalism costs.
An essential insurance for every build project as – at some point – members of the public or contractors will be on site. This insurance protects you against claims of accident or injury incurred while a person is on site.
If you’re directly employing bona-fide or labour-only contractors and they are working under your instruction, you’ll need employer’s liability insurance.
Cover the cost of replacement for tools and plant that you own or are hired in your own/company name in case of theft, damage etc. You may also need cover for temporary site buildings like site huts and portable toilets too.
Make sure you get an accurate property developer quote by having all the information you need to hand before you start.
This includes:
Having this information ready when applying for a property developer quote will ensure you receive the full cover you’ll need – at the best price possible.
Get a quote instantly online here. Or, if you’d like to talk about your property developer quote options, contact us on 01302 346 831 to discuss.
Clear Self Build (Previously ProAktive) are members of NASBA who lobby goverment to make self building easier in the UK.
If you are uncertain of the sum insured you should be insured for, this website provides a rebuild cost calculator
Valuable advice to minimise onsite risks
A one stop shop helping you with all aspects of your build from finding land to building methods