The Irish construction industry has had a challenging time over the past year and a half to say the least. Following the complete halt of construction, many in the industry suffered substantial financial losses, loss of staff and job uncertainty.
Now that construction has resumed, many people are engaging in home improvements following the rise in household savings. The industry is busier than ever, with some tradespeople having waiting lists stretching to 2022 and beyond.
To avoid any further disruption to your business, you need to ensure that you have adequate insurance in place. All building contractors must have the appropriate insurance cover for the work they carry out.
Domestic and commercial clients will request proof of insurance before choosing a tradesperson.
Who needs construction insurance?
No matter what type of cover the homeowner may already have, it’s essential to ensure that you are appropriately insured. Everyone from a sole trader working on their own to a commercial company with numerous employees or a large multinational contractor requires construction insurance.
This typically includes:
- Building contractors
- Plumbing & heating contractors
- Electrical contractors
- Carpenters
- Stonemasons
- Roofers
- Joiners
- Guttering contractors
- Plant hire contractors
- Tilers
- HVAC contractors
- Bricklayers
- Glaziers
- Painter & decorators
- Plasterers
- Flooring contractors
