Insurance for Construction Companies

Fix site problems, add safety, increase your business value

Townsend McCormack reviews and enhances your protection plan to include key covers such as professional indemnity and site security. We arrange robust public liability limits to safeguard against the high costs of property damage claims and legal expenses. Remove the worry of uninsured losses with flexible cover that grows with your construction business.

The insurance process: how we work for you

• Checking risks — we start by looking at the work you do. A broker talks to you about your site locations and the people you hire. This helps us see where you might be at risk from things like flooding or theft.
• Finding the right price — you get a clear list of what you pay, with no hidden costs added on later. We aim to find a construction insurance cost that makes sense for your profit margins.
• Setting up your cover fast — once you are happy, we start the policy immediately. You get your documents sent over quickly so you can show them to your clients.
• Standing by you during claims — if you need to make a claim, our team takes the lead. We talk to the insurer for you so everything is handled fairly. See making a claim.

Why Townsend McCormack is a reliable choice for construction firms

• Professional advice over sales targets — our brokers use 40 years of expertise to give professional advice that protects your specific construction business.
• Managing sub-contractors and liability — we find insurance for construction companies that covers everyone involved so the main contractor stays protected from liability claims.
• Tailored cover for the construction sector — get a package that includes contract works and property damage to give your business total protection.
• Dedicated claims support — many insurance companies leave you to deal with legal action and the insurer alone after an accident. Our team takes full ownership of insurance claims to make the process swift and fair for your business continuity.
• Market-leading competitive prices — Townsend McCormack uses long-standing market relationships to get competitive prices with total transparency.

What to expect from your construction insurance policy

Your building project gains stability and your business avoids the hidden costs of site accidents when you have the right insurance in place.

• Speed up client and contract approvals — clients often require proof of high-level public liability insurance before they sign a contract. Having your certificates ready means you avoid delays and can win bigger construction projects.
• Protect future business cash flow — the right insurance policy helps you fund accidental damage and keep your bank balance healthy.
• Lower stress for sole traders and small firms — specialist insurance for construction companies creates a safety net so one bad day does not put your business at risk.
• Manage the costs of legal disputes — if a client claims your advice was wrong, professional indemnity insurance protects the business. It covers the legal fees and extra expenses needed to defend your professional reputation.

Why you need this protection for your building work

Operating without the right insurance leaves your construction business open to several dangers. Townsend McCormack helps you avoid these risks by setting up a policy that handles the following problems:

• Legal action from injured workers — Employers’ liability insurance is legally required if you have employees or certain sub-contractors. Without it, you face huge fines and might have to pay compensation out of your own pocket if a worker gets hurt.
• Massive property damage claims — if your work causes a fire or a flood in a client’s property, the repair costs can be enormous. Public liability insurance handles these property damage claims so you do not have to pay for the rebuilding work yourself.
• Theft of expensive equipment and tools — tools and plant machinery are frequent targets for thieves on a construction site. Equipment insurance and tool insurance provide the funds to replace stolen items so work does not stop.
• Financial loss from project delays — if a fire stops work on a specific project, business interruption insurance can cover the extra costs. This helps pay for wages and bills while the site is being repaired.

FAQs

Does professional indemnity insurance protect against physical site accidents?

No — professional indemnity covers errors in design or advice that cause financial loss. Physical injury and property damage on site need public liability and related covers.

Is employers’ liability insurance legally required for sub-contractors?

In the UK, you usually need this if you hire labour-only sub-contractors because the law treats them like employees. Townsend McCormack checks your team structure to make sure you have the right insurance for every worker.

How much does construction insurance cost for a sole trader?

The price depends on the type of building work, your claims history, and the level of cover you need. We look at your specific risks to find competitive prices that provide adequate protection for your business.

Can I get insurance for a specific project only?

Yes — we can arrange cover for a single building project or on an annual basis. Townsend McCormack advises on which option is most cost-effective based on the number of projects your business handles.

What happens if my construction business faces a lawsuit from the public?

Your public liability cover pays the legal fees and any compensation awarded to the other person. This is essential for protecting your business from the high costs of a public liability claim.

Will business interruption insurance pay my workers’ wages?

If your site has to close due to a fire or flood, this insurance can help cover the additional costs of keeping your staff. This helps maintain your business continuity until the work site is safe to reopen.

Contact us for construction insurance aligned to your contracts and sites.