Builder's risk insurance

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Protection against construction accidents, theft & vandalism

Work can continue despite construction incidents

Damage location, demolition & reconstruction costs paid

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Key points at a glance

Protection against property damage: Builder's risk insurance assumes payment of property damage on the construction site.
Theft and vandalism covered: We also protect you against theft and vandalism at your construction site.
No additional costs due to interruption: Our insurance guarantees the seamless continuation of your building project.

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Insurance overview

Builder's risk insurance assumes payment of property damage on the construction site. AXA also pays you the benefits that a liability insurer must pay for parties involved in the construction. This ensures uninterrupted continuation of the construction work.

The insurance covers

Builder-owners
Architects
Engineers
General contractor
Building contractor
Construction site workers
Geologists

Scope of coverage of builder's risk insurance

Damage caused by accidents during construction, e.g. damage to the facade from collapsing scaffolding
Cleanup and disposal costs following construction accidents
Costs of locating the damage following construction accidents
Demolition and reconstruction costs
Damage resulting from fire and natural forces (accrding to cantonal regulations)
Burglary and theft of materials already included in the construction (e.g. doors and windows)
Vandalism to the property

Download

Construction Insurance – General Insurance Conditions (GIC) [ 96KB]

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For construction site damage Builder's risk insurance