In many cases, you're responsible for repairing any damages sustained to your construction work until the project has been completed, meaning if a natural disaster occurs or mistakes are made, you could be liable to pay thousands of pounds to remedy the situation. Unfortunately, such a situation could be detrimental to your business, whether you're a private contractor a building firm. If you'd rather have your back covered no matter what problems you face, you ought to purchase contractors insurance. As an employer, it’s your responsibility to keep your employees and visitors safe while on site. However, as mentioned above, not all accidents are preventable, and the responsibility of paying compensation to those who suffer injuries may rest on your shoulders. Naturally, nobody wants to have somebody else’s injury on their conscience, which is why you should protect your employees by taking out comprehensive builders’ risk insurance.
