Crane crash onto neighbour's house

Most professional contractors will take out a Contractors' All Risks policy covering (I) the Contract Works and (II) Third Party Liability before they start such works.

Increasingly also, discerning consumers will require that their contractors take out such policies to indemnify themselves from losses/damages/injuries caused to the public (third party) by their contractors. Even if they don't, should the works extend to public roads or drains, LTA will still make it compulsory for the contractors to take out a Public Liability policy to indemnify LTA and its officers against legal suits for losses caused to third parties.

For the above case, it is fortunate that no one appeared to have suffered any injuries. Otherwise, the ensuing expensive legal suits could result in huge losses to both the contractor and his principal (the owner of the neighbouring unit), IF they are not insured.