Required Information for a Contractors All Risk Quotation
- Your name
- Company Name
- Contact details - Tel. No. / Email address / Postal Address
- About the current policy:-
- Renewal date
- Current Insurer
- Cover included
- Name of the insured party
- Description of all activities undertaken
- Geographical area of operation
- Constructional Works – max value of any one contract – max period of any contract – an estimation of turnover for the next 12 months.
- Under which Conditions of Contract is work usually carried out?
- Do you have a policy aimed at minimising the risks of fire, theft and malicious damage?
- Cover required for plant, equipment and temporary buildings
- Value of owned plant and equipment etc.
- Value of plant and equipment Hired-In
- Employees Tools and Personal Effects – max value any one employee
- Is cover required for J.C.T. 21.2.1 Insurance?
- Employers Liability – a breakdown of job descriptions with wages information.
- Public Liability – Limit of indemnity required and details of any sub-contractors’ to be used.
- More General questions / information
- How long has company been in business?
- Have any awards for safety or quality of work been received?
- A copy of your Health and Safety policy.
- Do you belong to any trade body or associations?
- Details of all accidents, losses or claims, whether insured or not, in the last 5 years.
his is not intended to be an exhaustive list; there will be other questions as we further our discussions.
