Construction  Insurance

Construction Insurance in Germany

Leeb insurance broker will find the right solution for you.

Construction insurance – what is it?

Construction insurance kicks in when natural hazards such as hail and flooding cause damage to the building or when a worker causes damage to the building. The shell is also insured against theft.

Construction insurance – when does it make sense?

A building can only be insured against damage with a full building insurance policy when it is completely ready for occupancy.
But even before completion, high values ​​gradually accumulate. During this phase, the shell is exposed to the weather without protection and is also easily accessible to anyone. It is not uncommon for installed heaters to be stolen overnight, for example, or for a fire to damage or destroy the shell due to vandalism. Damage of this kind is usually the builder’s problem and drives up costs.
The well-known shell fire insurance protects against fire damage, which many insurers offer their customers free of charge if they insure the finished house through them. Other causes of damage, such as damage caused by a tradesman on the building site and natural hazards such as hail, storms, theft, flooding, etc., can be covered by construction work insurance. Fire shell and construction work insurance reimburse you for the costs incurred to restore the building to the condition it was in before the damage occurred.

Construction work insurance for construction workers and friendly services on the building site

The statistics of the professional association show around one million reportable work accidents – per year! Statistically, one in six employees on the building site is affected. The reason for this is a large number of sources of danger. The risk is particularly high when friends who are not construction professionals and relatives step in as construction workers and do the friendly service with great enthusiasm. Especially when it is the helping hand of friends or neighbors that gets caught in the circular saw, it is good to have construction worker accident insurance. This ensures a certain financial compensation if the willingness to help leads to permanent disability. Even if you cannot be blamed for anything, it is still a reassuring feeling that you are not leaving a helper alone in his time of need, isn’t it? Accidents can happen far too quickly – especially when a construction site is unfamiliar terrain for a helper. It should be noted at this point that there is a general obligation for construction helpers to report to the employers’ liability insurance association. The legislator has therefore already recognized the potential danger of a construction site. Since private accident insurance pays out from the first percentage point of disability caused by the accident, a solution in this way will usually make more sense. Contact us if you have any questions.