Liability insurance for installation companies in construction - optimum protection against damage claims
Liability insurance for installation companies in construction - optimum protection against damage claims
As an installation company in the construction construction you work daily on electrical installations, central heating boilers, solar panels, water pipes and ventilation systems . This entails risks, such as leaks, short circuit, fire damage or construction errors . A small error can have major consequences, both financially and legally. With (company) liability insurance for installation companies you are protected against damage claims and you prevent high costs in the event of liability.
Why a liability insurance for installation companies?
, damage to customers, third parties or construction partners may . Think of a wrongly connected gas line that leads to a leak, a water pipe that jumps and causes damage or short circuit after the installation of a meter cupboard . Without the correct insurance, damage claims can get quickly. Liability insurance offers coverage for:
✔ Material damage- for example damage to homes, offices, equipment or installations
✔ Personal injury- coverage if someone is injured by an error or negligence during work
✔ Legal costs- protection against lawyer and costs of liability claims
✔ Damage due to installation errors- coverage for defects on systems you have installed that cause damage
With liability insurance you prevent financial problems and you can grow your installation company safely and with confidence.
We compare liability insurance Finass insures ) with the best insurers, so you get the best and most affordable premium from us liability insurance
Which liability insurance matches installation companies?
There is one important liability insurance that are relevant to Riggers and hoisting supervisors:
🔹 Business liability insurance (AVB) - Protects against claims from third parties, such as material damage and personal injury caused by your work.
For self -employed people and companies that are active in the hoisting industry, the above insurance recommended to provide full protection against all liability risks.
How do you choose the correct liability insurance for an installation company?
When taking out liability insurance for installation companies in construction, it is important to take into account:
🔹 coverage area - national or international, depending on where your projects take place.
🔹 Maximum insured amounts- Make sure you choose high coverage, because construction and installation damage can quickly run into the tens of thousands of euros.
🔹 Cover for mounting errors and damage caused by installations - check whether installation errors and damage due to incorrectly connected equipment are explicitly insured.
🔹 Insurance for subcontractors and staff - if you work with a team, it is important that everyone within your company is well insured.
With the right insurance you can get started with confidence an installation company in construction
Frequently asked questions about Liability :
With liability insurance you are insured if you are legally liable for damage. For example, if you cycle into a parked car, your cat knocks over an expensive vase or if your children shoot a ball through the neighbor's window. But also if you, your child or pet injure someone. Not every damage is insured. Consider intentional damage or damage caused with a motor vehicle. Rented items are also not covered by your liability insurance. For example, if you rent a sander for that painting job in the house. Or if you rent a party tent for a garden party.
Liability insurance reimburses the damage you cause to other people's belongings. Like the television that slips out of your hands during a friend's move. Or your child who cycles into the neighbor's car. Or if someone else is injured through your fault.
Liability insurance for private individuals (AVP) covers damage that you or one of your family members causes to someone else when you are not driving a car or other motor vehicle . This applies to damage to property and persons (personal injury).
You take liability insurance because you want to protect yourself and your family against the risk of liability. You can be held responsible if someone is injured through your fault. But also if you accidentally damage other people's property. Resulting in a claim for damages.
The liability insurance does not provide coverage for: damage to rented items. damage that you have caused intentionally. damage occurred during your work.
Take out a liability insurance for your installation company today!
Are you the owner of an installation company in construction and do you want to protect yourself against damage claims and legal costs? Then choose a specialist liability insurance and prevent financial risks. Compare the best insurance policies now and request a quote immediately!
