During a construction project, protecting the site along with the materials and equipment can become quite a challenge. Following is a list of several best practices property owners and/or contractors should implement to prevent theft and vandalism losses on job sites involving buildings under construction or undergoing a renovation.
- Ensure security plan is aligned with the job site’s exposures and location.
- Implement video construction site surveillance not only after hours but also throughout the working day.
- If financially plausible, hire security guards. Be sure the reputation and experience level of all third-party providers have been properly checked.
- Implement proper lighting in every corner of the site and monitor motion sensors.
- Make sure on-site building materials and any equipment awaiting installation are properly secured in a locked area.
- Store smaller portable items inside or under cover.
- Ensure the perimeter fence is secure and at least eight feet high.
- Restrict access to storage areas for keys to gates, buildings, equipment and storage locations to authorized personnel. Also, restrict access to the job site to one secure entrance/exit with a locking gate.
- Implement security checks on people leaving the premises. Put someone responsible for checking and logging vehicles entering or leaving the job site.
- Work with local authorities so they are informed when workers are allowed to be on the site and ask if they can perform extra patrols by your site during non-working hours.
Material Delivery/Off Site Exposures
You should also have insureds look into what procedures are in place for the following:
- Are materials delivered on an as needed basis?
- Does the job site have someone responsible for receiving and verifying the quantity of materials?
- Is there someone responsible for supervising trash removal?
- Are off-site storage locations identified and evaluated to the same safety standards as the main job site?
- Has the transit operation been evaluated if the contractor and/or property owner is responsible for the material as soon as it shipped?
In addition to having strong loss-prevention measures in place, property owners and contractors should carry Builder’s Risk/Re-Modeler’s Risk insurance for ground-up new construction and renovations. Builder’s Risk/Re-Modeler’s Risk insurance “protects a person’s or organization’s insurable interest in materials, fixtures and/or equipment awaiting installation (or after installation) during the construction or renovation of a building or structure, should those items sustain physical loss or damage from a covered loss,” including theft and vandalism.
For more information about Distinguished’s Builder’s Risk/Re-Modeler’s Risk insurance program and its features and supplemental coverage for property owners, contractors and others, contact us.
Sources: Construct Connect, IRMI