Your construction project has not yet started, but still, it is important to insure the plot of land you own.
On the face of things the question arises – why? There is no equipment and raw materials, there are no contractors and workers at the site – so what’s left to insure?
Your liability to third parties as the owner or occupier of the plot of land which you are planning to build on in the future
. Why? There is no shortage of examples: A fire that breaks out in a dry shrubbery in your plot and spreads to neighbouring buildings, someone disposes of an old refrigerator on your plot and a child gets injured by it whilst playing – this is only the tip of the iceberg.
Your land? Your responsibility!
The question now is how you insure yourself against the maximum scope of risks at the minimum price? Keep reading on.