Which insurance policies do you need to adequately cover the
risks related to a construction project and prevent the
construction process from slowing down? In this article, we
elaborate on your four most relevant options.
The four most relevant insurances in construction
Dutch law does not require parties involved in construction
projects to take out insurances. Over the years, however, it has
become common practice to take out insurances to cover a number of
construction related risks.
In case of damage, during or after a construction project, to
either the project or adjoining properties, several questions
arise: what caused the damage, which party is (financially)
responsible for the damage, is the damage covered by any insurance
policy taken out?
