Construction Insurance sales tools
- Is your construction project adequately insured against inflation?
- Why should businesses purchase pollution liability insurance?
- Environmental fines and penalties can be costly: Are you prepared?
- Environmental insurance: How to remain calm in a crisis
- Overview of Canadian environmental law: A potential for liability and insurance coverage issues
- Why should contractors purchase pollution liability insurance?
Claims examples
- Builders Risk insurance
- Animated video: The project journey: From blueprints to operations - Understanding the risk and ways to protect your business (8 minutes, 14 seconds) - A group of business owners discovers the many ways in which risks and exposures can present themselves throughout the duration of a project. The illustrated claims examples in this video aim to help business owners and managers better understand the importance of obtaining proper insurance for their organization.
Claims scenarios
- Thieves in the night - Your clients shouldn’t underestimate the risk of theft at a construction site. It can happen! For example, in this construction claim scenario, a general contractor had over $30,000 worth of construction items stolen by sneaky thieves in the night! Find out what happened and how to prevent such a loss.
- Always keep an eye out - Your construction clients may not realize that small oversights can lead to big losses. In this construction claim scenario, a minor valve leak during a construction project led to extensive damage at the construction site, causing delays and a significant financial impact. Discover how this happened and what your clients can do to prevent such a loss.
- Don’t forget to unplug me - There are devastating consequences if your construction clients neglect basic construction risk management practices. Take for example the roofing subcontractor in this construction claim scenario. While working on a renovation project, a historic building they were renovating was reduced to ashes due to a forgotten metal halide bulb. Discover the shocking aftermath of a seemingly simple oversight.
- Unfenced hazard - Imagine that during your client’s construction project at a large university, a subcontractor forgot to install fencing to keep pedestrians outside of the construction area. A pedestrian then walked through that hazardous area and tripped, sustaining severe injuries. Is your client covered for this incident? How can Victor’s project-specific Wrap-Up Liability insurance policy help your client? Find out in this construction claim scenario.
To view more claims scenarios, click here.
