Builder’s Liability Insurance: At a Glance
- As a builder, you are liable for all damages on your construction site. Builder’s liability insurance is important because it protects you financially if anything goes wrong during your construction project.
- Allianz builder’s liability insurance provides coverage if third parties or their property are harmed due to your construction work – with coverage up to €75 million.
- The insurance is required if you’re planning renovation work on an existing property or building a new one. With Allianz, coverage begins as soon as you purchase the plot of land.