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 Street, New Farm
-
We have been using Consolidated Insurance Brokers for 3 yrs now for our business. Aimee from Consolidated has been amazing to deal with. Explained everything in detail regarding our new insurance policies and what had changed … More since previous year and did her best to source the right outcome for us. Would highly recommend Aimee for all your business insurance needs. -
Lyn was kind, caring and professional from the minute we started talking. I needed a broker because of extenuating circumstance and she was able to find the right insurer who also understood. I’m now rusted on. I highly … More recommend Lyn Schumann 🙂
-
Clayton Rowlings from Consolidated was a pleasure to work with and got me the best car insurance deal in the market by far. His high level of service was impressive and he stayed in touch with me in assistance for nearly … More 1 year while I was deciding what to buy. He was very attentive and super helpful at each step of the way, which made navigating this insurance process easy to understand and finalise. Thanks again, Clayton - highly recommend!
-
Tracey was extremely great to deal with and was so helpful in helping us find insurance for our business. But not only find insurance, got us the best possible outcome for our business. Other brokers were just in it for their … More pay day, Tracey was in it to get the best deal for us. She listened to us and about our business so she understood exactly what we were after.If you are looking for any kind of insurance, I highly recommend dealing with Tracey as she will help you find the best possible outcome.
-
I have had the pleasure of dealing with Alison from consolidated insurance brokers. And from the start to the end Alison has shown a very high level of professional and work ethic. Alison kept me in the loop regularly and … More was extremely reliable with fast information and great service. Thank you.
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.
