Construction insurance
During construction work, a number of unexpected situations may occur. Whether it involves a fire, breaking into the portable cabin of a construction site, stealing tools, storm damage, accidents involving construction machinery, or something else. All these risks can be mitigated with construction insurance. We offer all-risk insurance for this purpose.
Construction insurance ensures security
In order to ensure a smooth construction process, it is worth insuring construction work with all-risk insurance. This gives peace of mind to both the client and the contractor.
All-risk insurance
All-risk insurance cover means that all unforeseen events and reasons that are not excluded by the insurance terms and conditions and/or the insurance contract are insured and indemnified.Indemnification of additional expenses
Additional expenses related to the elimination of the consequences of the insured event (overtime costs, cleaning and demolition costs, express cargo, etc.) will be indemnified.Liability damage
Liability damage (personal injury and property damage) caused to a third party during the insured construction works will be indemnified.Construction equipment insurance
The insurance cover can be extended to construction machinery and equipment (tools, portable cabins, scaffolding, etc.) used in construction work (including rented).Design errors
Indemnification for damage caused by a design error is carried out by agreement.Maintenance period
Maintenance period insurance cover.What is covered by ERGO insurance?
We offer property damage and liability damage insurance cover with all-risk construction insurance during the construction of a building or the performance of construction work. Liability damage insurance cover is offered together with property damage insurance cover. It is difficult to come up with separate covers with all-risk insurance, so we will highlight the examples that occur most often or are often asked about.
Fire and lightning
Fire or direct hit by a lightning strike
Water leaks
We will indemnify damage due to water or other liquids discharged from a broken internal water network or sewerage system of a building or parts thereof, as well as any related leakage damage. This also applies to damage caused by liquids leaked from the heating, cooling and/or fire-fighting system or parts thereof.
Storm
Damage caused by a tree or other object that fell on the insurance object due to a storm, natural flooding, storm damage.
Theft and vandalism
We will indemnify damage related to burglary, robbery, and vandalism.
Accidents involving construction machinery
We will indemnify expenses that may be related to a collision of a construction machine with a moving or stationary object, running into an obstacle, overturning, falling an object on the machine or falling into a ditch or trench, as well as the driver’s negligence in using the machine.
What is covered by ERGO insurance?
We offer property damage and liability damage insurance cover with all-risk construction insurance during the construction of a building or the performance of construction work. Liability damage insurance cover is offered together with property damage insurance cover. It is difficult to come up with separate covers with all-risk insurance, so we will highlight the examples that occur most often or are often asked about.
Fire or direct hit by a lightning strike
We will indemnify damage due to water or other liquids discharged from a broken internal water network or sewerage system of a building or parts thereof, as well as any related leakage damage. This also applies to damage caused by liquids leaked from the heating, cooling and/or fire-fighting system or parts thereof.
Damage caused by a tree or other object that fell on the insurance object due to a storm, natural flooding, storm damage.
We will indemnify damage related to burglary, robbery, and vandalism.
We will indemnify expenses that may be related to a collision of a construction machine with a moving or stationary object, running into an obstacle, overturning, falling an object on the machine or falling into a ditch or trench, as well as the driver’s negligence in using the machine.
Property damage extensions
It may be agreed in the insurance contract that the insurance cover for damage to property will be extended. Here are some examples.
Cleaning expenses
We will indemnify the cleaning, demolition, and waste transport expenses related to the elimination of the consequences of the insured event.
Premiums
We will indemnify premiums paid due to working on the restoration of a damaged building outside working hours and on public holidays (overtime payments).
Express cargo expenses
We will indemnify additional expenses incurred due to the need for accelerated delivery of materials or spare parts that need to be replaced.
Damage to an existing building
We will indemnify damage caused to the client’s existing building during the construction work.
Damage caused by a design error
We will indemnify damage caused by a design error that has occurred to a properly constructed building or part thereof.
Testing expenses
We will indemnify damage caused during trial operation or testing.
Transport of materials
We will indemnify damage caused during the transportation of building materials from the place of departure of the cargo to the construction site.
Property damage extensions
It may be agreed in the insurance contract that the insurance cover for damage to property will be extended. Here are some examples.
We will indemnify the cleaning, demolition, and waste transport expenses related to the elimination of the consequences of the insured event.
We will indemnify premiums paid due to working on the restoration of a damaged building outside working hours and on public holidays (overtime payments).
We will indemnify additional expenses incurred due to the need for accelerated delivery of materials or spare parts that need to be replaced.
We will indemnify damage caused to the client’s existing building during the construction work.
We will indemnify damage caused by a design error that has occurred to a properly constructed building or part thereof.
We will indemnify damage caused during trial operation or testing.
We will indemnify damage caused during the transportation of building materials from the place of departure of the cargo to the construction site.
Liability damage insurance covers
Liability damage insurance cover is valid during construction and during the warranty period thereafter. An insured event of liability damage is the unlawful infliction of damage by an insured person to a third party, which is why the insured person has incurred a legal obligation to indemnify damage. It may be agreed in the insurance contract that the insurance cover for liability damage extends to the following topics.
Cross-liability
We will indemnify claims between insured persons.
Infrastructure claims
We will indemnify damage caused by damage to or destruction of underground cable, pipeline or other underground communications.
Vibration expenses
We will indemnify the expenses due to vibration, removal or weakening of the support elements.
Damage to the injured party’s property
We will indemnify the injured party for damage caused by damage to or destruction of the property or a decrease in the value of the property.
Personal injury
We will indemnify property damage caused by personal injury, such as the victim’s medical expenses, damage caused by temporary and/or permanent incapacity for work, funeral expenses, etc.
Legal assistance
We will indemnify legal assistance (expenses incurred by the insured person for legal assistance, expert assessment, and court proceedings) if they are necessary to prove the insured person’s absence of guilt.
Liability damage insurance covers
Liability damage insurance cover is valid during construction and during the warranty period thereafter. An insured event of liability damage is the unlawful infliction of damage by an insured person to a third party, which is why the insured person has incurred a legal obligation to indemnify damage. It may be agreed in the insurance contract that the insurance cover for liability damage extends to the following topics.
We will indemnify claims between insured persons.
We will indemnify damage caused by damage to or destruction of underground cable, pipeline or other underground communications.
We will indemnify the expenses due to vibration, removal or weakening of the support elements.
We will indemnify the injured party for damage caused by damage to or destruction of the property or a decrease in the value of the property.
We will indemnify property damage caused by personal injury, such as the victim’s medical expenses, damage caused by temporary and/or permanent incapacity for work, funeral expenses, etc.
We will indemnify legal assistance (expenses incurred by the insured person for legal assistance, expert assessment, and court proceedings) if they are necessary to prove the insured person’s absence of guilt.
Good to know / FAQ
The insurance cover of a construction insurance contract begins on the day of the start of the insurance period specified in the insurance contract, which may be either the date of commencement of the insured construction work, the date of arrival at the construction site of building materials, machinery, and portable cabins, or the date of commencement of the preparatory work on the construction site (e.g., fencing installation, deforestation work, soil preparation work, etc.). The construction period ends on the day when the client accepts the insured works, but not later than the date specified in the insurance contract. It is possible to extend the insurance period for the period of validity of the maintenance period following the construction period.
Liability insurance as part of construction insurance is an optional cover and applies only if the policyholder so wishes. If it has been agreed to apply the insurance cover for the maintenance period, the liability insurance cover also extends to the maintenance period. Alternatively, the policyholder can always conclude a separate liability insurance contract.
The policyholder may be a construction contractor who has the relevant construction competence to carry out the insured construction work. In the case of construction subject to building permit requirements and certain special works, we require the builder to have a valid register of economic activities and/or a notice of economic activity in the respective field of activity (e.g., construction, gas works, electrical works, etc.). The policyholder may also be a client who is a private or legal person.
Terms and conditions and information documents
Expired
Ehituse koguriskikindlustuse tingimused KT.0493.09
Valid for contracts issued until 18.12.2017
Ehituse koguriskikindlustuse eritingimused KT.0494.09
Valid for contracts issued until 18.12.2017
Ohutusnõuded ehitiste ehitamisel ja ehitustööde tegemisel KT.0495.09
Valid for contracts issued until 18.12.2017