Contractor Guides

The Cost of Setting Out

If you’re a setting out engineer it’s more than likely you’ve seen a rise in your insurance premiums recently (or,…

Author Photo by Kingsbridge

If you’re a setting out engineer it’s more than likely you’ve seen a rise in your insurance premiums recently (or, in some cases, a point-blank refusal from insurers to provide appropriate cover).

Whilst the exact reasons for changes in average premiums are down to each insurer, it’s more than likely that the industry has seen an uptick in claims made against setting out engineers recently. Couple that with the risks that are often associated with such a precise task, and an unfortunate recipe for increased cost is created.

That’s where we come in. You might have seen our price promise already, but it’s worth reiterating. In the event that you find the same policy cover at a lower price with another UK company, we’ll refund the difference. It’s that simple.

 

At Kingsbridge we pride ourselves on providing great cover for hard-to-insure roles. You’ll get market-leading cover alongside award-winning customer service. What more could you ask for?

Still not convinced that you need cover as you go about your work? We recently dealt with a claim where a site engineer provided incorrect drawing for setting out piled pots. Rectification works had to be undertaken by the contractors, and a loss adjusters report subsequently concluded that the site engineer should be held liable.

Once liability was agreed a settlement was negotiated in excess of £15,000 and the claim was closed. The engineer was covered by their professional indemnity insurance cover – just one part of their Kingsbridge insurance package.

Want to know more? Give us a call on 01242 808740, or email us at partners@kingsbridge.co.uk

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