Safety First: How Different Insurance Policies Offer Different Security

Construction Insurance

Work sites today can present many safety hazards but even more hazardous may be the pitfalls of trying to negotiate the right insurance package for any given project. In Nova Scotia, the Occupational Health and Safety Act, along with its Regulations, offers contractors guidance on acceptable safe practices, but there is no handy guide to negotiate through the insurance process. So how does one ensure that they are insured against all the risks associated with construction? And what types of insurance protect for situations where a visitor to a site falls down stairs that were not properly covered at a work site, or a torch is left on and causes a fire, or even theft of property? The best advice is to deal with insurance up front in the construction contract and review all policies to ensure you are protected against the risks you wanted protection from.