Construction Insurance — Building
Confidence, Protecting Every Project

Every project carries risk. P&P Construction Insurance safeguards your sites, equipment, and workforce — ensuring your projects are protected from unexpected setbacks and costly losses.

What is Construction Insurance?

Construction insurance is essential for contractors, developers, and project owners who face daily risks on-site — from accidental damage to third-party injuries. It provides financial protection against losses that can delay or derail projects.

At Property & Pecuniary Insurance Brokers (P&P), we help you structure coverage that matches your project’s scale, ensuring that every phase — from design to completion — is protected with precision and professionalism.

Your Construction Project Needs Insurance

Building projects involve multiple moving parts — people, materials, equipment, and timelines. One unforeseen incident can disrupt everything. Here’s why smart developers and contractors trust P&P to protect their investments:

Safeguard your projects against fire, theft, or accidental damage.
Cover liabilities for third-party injury or property damage.
Ensure compliance with contractual and regulatory insurance requirements.
Protect construction equipment and machinery from loss or damage.
Guarantee financial continuity during project delays or disruptions.

Key Coverage Areas

We help you structure coverage that matches your project’s scale, ensuring that every phase — from design to completion — is protected with precision and professionalism.

Contractors’ All-Risks (CAR) Insurance

Comprehensive cover for physical loss or damage to construction works and equipment.

Erection All-Risks (EAR) Insurance

Protection for machinery installation, plant erection, and engineering projects.

Contractor’s Plant & Machinery (CPM)

Coverage for owned or hired construction equipment against accidental damage.

Third-Party Liability Cover

Compensation for bodily injury or property damage to third parties.

Workmen’s Compensation

Protects workers and ensures compliance with employment safety laws.

Key Coverage Areas

We help you structure coverage that matches your project’s scale, ensuring that every phase — from design to completion — is protected with precision and professionalism.

Contractors’ All-Risks (CAR) Insurance

Comprehensive cover for physical loss or damage to construction works and equipment.

Erection All-Risks (EAR) Insurance

Protection for machinery installation, plant erection, and engineering projects.

Contractor’s Plant & Machinery (CPM)

Coverage for owned or hired construction equipment against accidental damage.

Third-Party Liability Cover

Compensation for bodily injury or property damage to third parties.

Workmen’s Compensation

Protects workers and ensures compliance with employment safety laws.

Why Choose P&P for Construction Insurance?

We help you structure coverage that matches your project’s scale.

Tailored Policies

Customizable cover tailored to your project type and value.

Trusted Partnerships

Access to top-tier insurers and risk engineers.

Deep expertise

Deep expertise in engineering and project-based insurance.

Fast Claims Processing

Fast claim assessment to minimize project downtime.

Quick Answers to Common Questions

What is Contractors’ All-Risks (CAR) Insurance?

CAR insurance covers accidental physical loss or damage to construction works, materials, and equipment during the execution of a project.

Is Construction Insurance mandatory for every project?

While not always legally required, most project owners and financiers demand it to secure investments and reduce liability risks.

What types of projects does P&P cover?

We provide coverage for residential, commercial, industrial, and infrastructure projects — including roads, bridges, plants, and high-rise developments.

Does Construction Insurance cover subcontractors?

Yes, subcontractors can be included under the main contractor’s policy to ensure all parties are adequately protected.

How soon can coverage begin?

Coverage can start immediately upon policy activation — once project details and values are confirmed by our underwriting partners.

About P&P

Property & Pecuniary Insurance Brokers Limited is your trusted partner in risk management and financial protection. From individual covers to complex corporate risks, we ensure you’re always secured, always confident.

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Polak House, 7 Fola Jinadu Crescent, Gbagada Phase 1, Lagos