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Contractors’ liability insurance

Cover against damages caused by faulty contract work.

Valid liability insurance is a requirement for contractors

All contractors operating at a work site must have valid business liability insurance.

Professionals at your assistance in case of loss

You will find instructions in case of loss as well as details on our partners conveniently in Pohjola Claim Help. As the business owner, you can concentrate on your core business while we take care of the compensation claim on your behalf.

We also cover legal expenses

Contractors’ liability insurance covers investigation and legal expenses resulting from a claim for damages.

All insurance policies necessary for contractors

We also offer latent defects insurance required by the Housing Transactions Act and contractor’s construction/installation all risks insurance to protect work performed by your business and your work machinery and tools.

What is contractors’ liability insurance?

No matter how careful your company’s work, unexpected accidents can happen. As a contractor, you need basic business liability insurance. The insurance protects you in the event that your business activities cause bodily injuries or material damage. Even in smaller contracts, it is prudent to make sure that your liability insurance is valid.

Business liability insurance is a form of basic insurance for companies. In some industries, especially construction, the commissioner of a project often demands proof of valid business liability insurance before work can begin. This is to ensure that the contractor is able to meet the obligations put forward in the Tort Liability Act if a loss event occurs.

If you are the property developer or shareholder in a construction project and sell new housing to consumers, you will need latent defects insurance. Latent defects insurance is required by the Housing Transactions Act and protects your company against insolvency.


What does contractors’ liability insurance cover?

Business liability insurance for contractors covers bodily injuries, material damage and financial loss caused to third parties for which your company is liable for damages under the law. For example, your business may be liable for injuries suffered when a customer slips at a worksite that lacks sufficient precautions.

Pohjola Insurance experts are at your assistance in the event of a loss. You are free to focus on your core business while we investigate your company’s liability and negotiate with the party demanding damages. We will appear in court or pay the legal expenses if the claim for damages leads to legal proceedings.

What factors affect the price of contractor's liability insurance?

The price of contractor's liability insurance depends on the following factors, among others:

  • the company's line of business
  • amount of salaries paid
  • sum insured and deductible

All insurance policies necessary for contractors

In construction and erection work, insurance policies designed specifically for these lines of business are also required. Pohjola Insurance experts have extensive knowledge of your business and understand the risks involved. They can provide you with more information about the content and price of contractors’ liability insurance.

We would be happy to go over your other insurance needs and help you choose a suitable insurance solution. Leave your contact details in the request for quote below and we will be in touch with you soon. After receiving your request for a quote, we will contact you to determine the best liability and other insurance solutions for your company!

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Installation and construction all-risk insurance for contractors
A single insurance solution with comprehensive coverage for builders and contractors
The insurer is Pohjola Insurance. The losses will be covered in accordance with the law and the insurance terms and conditions.