Insurance for neighbours building project, accidents while on my property

Neighbours have a significant residential renovation / new work . Apparently costing 250-300K Im told.

They want to ( and need ) to access my property.
Since they where given council approval to construct a building that is 100mm from the boundary
Things like framing ? , weatherboards , affix new and remove old. Roofing , gutters, windows etc
Max building height ( 2 levels ) is about 7.5m
They want to use 1.5 m of my property to erect scaffolding.

I said I do not not want any liability for events that happen as a result of their project.
Events could be accidents to workers. accident to me, my family , guests . or my tenants or the property of these people. Injury could be minor to very significant..
( part of my property is rented to tenants , I live in another part )
Their project is of no benefit to me at all.

If an event occurs , and I'm sued for damages, it seems I'm liable for $
If in response to such a situation , Id have to sue neighbour or builder . Which would not be a good risk situation for me
Neighbour claims they are unable to give me a complete "Release"

I was advised it would be a easier situation if the builder added my name to his building insurance policy. But the response was ..We will not do that"


At present I have told neighbour , no access to my property until this insurance situation is resolved.
They have already started the project, and done significant work,
Any insurance will form part of a "access agreement"

No one has said directly, but it seems that I am being forced to just accept this risk.

 

You can be listed as an interested party but not added as a jointly insured on the policy.

Your solicitor needs to draw up an access agreement and include the insurance provisions.