{"id":13933,"date":"2023-03-01T13:10:45","date_gmt":"2023-03-01T12:10:45","guid":{"rendered":"https:\/\/pibgroupiberia.com\/?p=29117"},"modified":"2025-07-21T11:38:33","modified_gmt":"2025-07-21T09:38:33","slug":"types-of-insurance-for-construction-sites","status":"publish","type":"post","link":"https:\/\/pibgroupiberia.com\/en\/tipos-de-seguros-para-obras-de-construccion\/","title":{"rendered":"The 5 types of Insurance for Construction Works to consider"},"content":{"rendered":"<p>In the face of a <strong>property development, construction or renovation<\/strong>, However large or small, there are several <strong>construction insurance<\/strong> in operation. Today we want to talk about the main ones, to avoid possible confusion between them.<\/p>\n<p>We have divided the <strong>types of insurance for construction sites<\/strong> in 5 large groups: Civil Liability Insurance, All Risks, Ten-Year, Accident Insurance for construction and building and civil works insurance. Let's see what each one of them consists of and, if your company needs to take out a policy for works or reforms, don't hesitate to ask us about our <a href=\"https:\/\/pibgroupiberia.com\/en\/companies\/insurance-solutions-for-businesses\/construction-insurance\/\">Construction Insurance<\/a>.<\/p>\n<h2>1. Construction Liability Insurance<\/h2>\n<p>There are many people involved in a construction project: from <em>architects, builder, developer...<\/em> All of them must have their <strong>civil liability covered<\/strong> to avoid future problems.<\/p>\n<p>This works insurance <strong>protects us from damage caused to third parties<\/strong> in an involuntary way, of course.<\/p>\n<p>Examples:<\/p>\n<ul>\n<li>The architect shall be liable for a design error.<\/li>\n<li>If the contractor causes damage during the construction work, for example to a member of another contractor, he shall be liable.<\/li>\n<li>If damage is caused to third parties on the construction site, the developer is also liable.<\/li>\n<\/ul>\n<p>These figures are sometimes \u201cmixed\u201d, as they act in a coordinated manner. For example, the developer subcontracts the construction, so he is liable to his clients, the buyers, for damages caused by the builder. One way to protect oneself may be to include oneself as a \u00abcontractor\".\u00ab<em>additional insured<\/em>\u00bbin the builder's policy.<\/p>\n<h2>2. Construction All Risks Insurance<\/h2>\n<p>This is also a very important construction site insurance, as it <strong>protects the work being carried out<\/strong>. A peculiarity of liability insurance is that it covers damage to third parties, but not the property being worked on.<\/p>\n<p>This is an exclusion which, although unknown, is very relevant in the event of a claim.<\/p>\n<p>Example: If I am installing a glass enclosure in a building and it falls to the ground and breaks, I am not covered by civil liability insurance. It is my own damage, as these goods are in my possession and under my custody.<\/p>\n<p>This all-risk policy will cover the cost of the actual work being carried out, by <strong>own failures or unpredictable issues<\/strong>Fire, robbery, wind, hail, frost...<\/p>\n<h2>3. Ten-year insurance<\/h2>\n<p>Compulsory policy in promotions intended for the sale of housing. However, it can also be contracted and is used in offices, shopping centres, sports centres, industrial buildings...<\/p>\n<p>Who should and wants to do this <a href=\"https:\/\/pibgroupiberia.com\/en\/blog\/ten-year-damage-insurance\/\">ten-year insurance<\/a> is the <strong>construction promoter.<\/strong><\/p>\n<p><strong>Guarantees the user's rights for possible material damage.<\/strong> Its most basic coverage refers to structural damage that compromises the stability of the building.<\/p>\n<blockquote><p>The duration of the ten-year insurance is 10 years for the main coverage.<\/p><\/blockquote>\n<p>However, there are also <strong>optional coverages<\/strong> such as: waterproofing issues, pre-existing assets, installations...<\/p>\n<p>Its peculiarity is that it is usually required <strong>OCT<\/strong> (<em>Technical Control Body<\/em>) to supervise that the work is executed in accordance with minimum quality requirements.<\/p>\n<h2>4. Building and civil works insurance<\/h2>\n<p>This building and construction insurance is specific to civil works. It covers construction-related damage when it is the direct consequence of an unforeseeable accident. The <strong>site insurance<\/strong> Civil liability usually covers the contractor's own damage and damage to third parties (personal injury, property or objects).<\/p>\n<h2>5. Construction accident insurance agreement<\/h2>\n<p>Typically, the <strong>Most of the sectoral agreements in the construction sector oblige<\/strong> to a <a href=\"https:\/\/pibgroupiberia.com\/en\/blog\/the-importance-of-insuring-our-workers\/\">accident insurance to protect workers<\/a> of these companies.<\/p>\n<p>As required by the collective agreement, in the event of an accident, compensation is a right for the employee of the company. If the company has not outsourced this risk through insurance, it will then have to pay for it. We are talking about <strong>amounts usually in excess of \u20ac30,000<\/strong>.<\/p>\n<p>We could talk about so many others that are important, such as:<\/p>\n<ul>\n<li>Machinery breakdown insurance.<\/li>\n<li>Surety insurance as an alternative to bank guarantees.<\/li>\n<\/ul>\n<p>If you would like help in the management of building site insurance from <strong><a href=\"\/en\/\">PIB Group Iberia<\/a><\/strong>\u00a0you will have the advice you need. Bear in mind that most of these insurances must be studied before the work begins. We will make this task easier for you, from the study of the policies, negotiation with the companies and claims management. <strong>Contact us and worry only about your business.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>There are a series of policies that, when faced with a construction project, we must study well to know the risks and coverages.<\/p>","protected":false},"author":14,"featured_media":13934,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[15],"tags":[189],"class_list":["post-13933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-empresas","tag-construccion"],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"_links":{"self":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts\/13933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/comments?post=13933"}],"version-history":[{"count":0,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts\/13933\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/media\/13934"}],"wp:attachment":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/media?parent=13933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/categories?post=13933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/tags?post=13933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}