Construction Insurance
If you’re responsible for a jobsite, you want to make sure you’re covered for anything that might damage it. Ensure your project can keep moving forward with construction insurance.
The resource of choice for the country’s most forward-thinking insurance professionals.
The resource of choice for the country’s most forward-thinking insurance professionals.
Construction Insurance
Rely On A Reputable Insurance Broker
What is Construction Insurance?
Construction insurance (also known as contract works insurance or contractors all risks insurance) is primarily taken by commercial, residential & owner-builders.
However, it is also commonly taken out by specialist contractors engaged on these projects who must take responsibility for their own works (e.g. HVAC installers).
Most businesses will elect to take an annual policy that covers any projects which commence during the policy period. For specialist, ad hoc or owner-builders a single project policy is available too.
What can be covered
- The project under construction
- Damage to existing structures
- Materials in transit and/or in storage
- Public liability
- Malicious damage & vandalism
- Natural disasters, weather perils
What may not be
- Known defects
- Intentional misconduct
- Inventory shortage
- Projects exceeding declared duration
- Projects north of the 25th parallel (unless noted)
Get Started with Construction Insurance
Ensure your project can keep moving forward with construction insurance.
Construction claim example
Aaron is a roofing contractor engaged to replace the roof on his local church. One afternoon while working on the roof, he notices a large storm approaching.
Aaron secures the roof as best he can to try and protect the site. Unfortunately, the storm is too severe and causes damage to the work he’d done, as well as the materials on site.
Luckily Aaron had contract works insurance which paid for the replacement materials, and also Aaron’s fees while he redoes the work for the church.
The church is fortunate Aaron had more than liability insurance which wouldn’t have responded (he secured the work). If Aaron didn’t have contract works, the church may have been stuck and unable to pay for the repairs themselves.
Why Choose CIB?
Consolidated Insurance Brokers can help by placing you with the best policy for your needs. We’ll find you the most competitive rate possible, and offer advice to ensure your insurance protects what matters.
Our Expertise
Committed to finding you the best insurance solution, our team of knowledgeable insurance brokers will get you the best price available
Your Partner
Safe time and effort by letting our team of expert insurance brokers do the work for you, we can manage your insurance on your behalf.
Clear Terms
We will put an end to the endless jargon, we can help you understand your quotes and policies in clear terms.
Full Cover
We are able to access insurance policies that are not available when buying direct, allowing us to get you a more comprehensive cover and better benefits.
What our clients have to say
109 James St, New Farm
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Deb Blanco is incredible - from the moment she made contact - I was educated and handheld the whole way. Insurance policies are so involved and she made sure I had the RIGHT coverage tailored to my needs. Shes always there, … More helpful and approachable. We will never go anywhere else. Thanks Deb!!
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Tracey Eaton from CIB did an outstanding job in finding a cost-effective local insurer for us. She was always available to answer questions and explained everything clearly. Based on my experience, I would confidently recommend … More this team for doing business with.
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Can highly recommend Consolidated Insurance Brokers. We had some challenges with insurance to sort out and they were able to help and source a great deal fur us. Tori was fantastic, very efficient and answered all my questions. … More Nothing was a bother for her and is definitely an asset. Thank you very much.
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I had a fantastic experience working with Tracey Friedland. She was professional, knowledgeable, and truly went above and beyond to find the right coverage for my needs. Everything was explained clearly, options were compared … More thoughtfully, and the entire process was smooth and stress-free. I highly recommend Tracey Friedland to anyone looking for reliable, personalised insurance advice.
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Debbie has been an outstanding insurance broker. She helped me a lot with all my requirements and made the whole process very easy. Her replies were always prompt, clear, and professional, and she took the time to explain … More everything properly. I really appreciate her support and would highly recommend Debbie to anyone looking for reliable and responsive insurance advice.
How can we help?
Having a customisable construction works policy means that you can protect yourself from your most likely, or most devastating, potential risks.
Your needs likely change from project to project, so a truly tailored policy will help you ensure your materials, team and business are protected.
For every new business quote and renewal, we break down all important features and comparisons for you in plain English.
Frequently Asked Questions
There are many benefits of using a broker over buying directly from the insurer. Insurance brokers:
- Work on your behalf to secure you better protection through their negotiating power
- Help you understand your risks and empower you to make better life / business decisions
- Ensure insurers are held accountable to their promise to protect what you value during claims
- Save you time and money by taking care of comparing and customising policies for your needs
Construction insurance can cover many important parts of your project, such as:
- Public liability
- Smashed glass
- Construction equipment
- Escalation or removal fees
- Natural disaster and weather perils
By covering you for possible events beyond your control, your project can move ahead in the face of the unfortunate.
No Obligations, Completely Free
Get a Quote Today
Talk today with our team to find the right kind of insurance that will suit your needs.