All-risk construction site insurance

A claim on site can delay the whole project: fire, water damage, theft, vandalism or partial collapse. Finwise helps cover works in progress and site-related assets.

What is it?

Cover for works in progress

It protects against material damage occurring during construction, renovation or extension of a structure.

For whom?

Project owners and companies

Useful for developers, general contractors, tradespeople and owners of construction or conversion projects.

Key point

Project continuity

The aim is to limit unexpected costs and site stoppages linked to material damage.

Construction all-risk diagram

During works: protect the unfinished building and site assets.

  1. After the site Toward warranty / liability Other policies after handover
  2. Often useful Theft and site equipment Plant, stocks, site huts
  3. Core Works in progress Damage during construction
  4. Base Site scope Address, duration, parties involved

Before handover, site risk is not the same as finished works risk.

What all-risk site insurance covers

Cover targets sudden and unforeseen damage to works in progress: structure, installations, materials on site, and sometimes existing assets threatened by the works. It may also respond to theft or vandalism depending on the conditions.

Cover
What it protects
What to check
Damage to the worksWorks in progress
Fire, water damage, collapse, natural events or site accidents depending on the policy.
Replacement value, deductible, cover period and handover of works.
Materials and equipmentOn site
Stored materials, temporary installations and equipment linked to the works.
Theft, vandalism, storage conditions and site fencing.
Existing assetsRenovation
Already built parts or adjacent buildings threatened by the works.
Exact scope, exclusions and coordination with construction liability.

Common pitfalls

Unclear scopeUndeclared subcontractors, lots or phases may fall outside cover.
End of coverCover often ends at handover: you need to plan what comes next.
Liability confusedThird-party damage is usually covered by construction / owner liability.
Machinery forgottenHeavy plant and tools may need dedicated cover.
With Finwise

We align cover with the real site

We analyse the type of works, duration, lots, subcontractors and existing cover to avoid gaps and overlaps.

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Complete your construction cover

Construction / owner liability Building works guarantee Machinery and plant

Analyse my site See construction liability

Let’s talk about your needs

Tell us about your situation in a few lines. A Finwise adviser will contact you to clarify your options and compare suitable solutions.