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Construction & Trades Insurance

Construction & Trades Insurance

Designed for builders, contractors, tradies, developers, and construction businesses, this cover helps protect construction projects, building works, plant, equipment, and liability exposures throughout the construction process. Construction and trades insurance can safeguard projects from unforeseen events that may cause delays, damage, or financial loss.

 

Speak with us about insurance solutions tailored to your business, projects, contractual obligations, and operational risks.

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Typical Risks Faced by Construction Businesses

Construction projects involve a variety of moving parts, subcontractors, materials, equipment, and contractual obligations. Unexpected events can impact project timelines, budgets, and profitability. Common risks include:

  • Damage to works under construction
  • Theft of building materials
  • Plant and equipment losses
  • Third-party property damage
  • Contractual liability exposures
  • Weather-related delays
  • Defective workmanship allegations

Contractual and Project Requirements

We help ensure insurance arrangements align with project requirements, contractual obligations, lender expectations, and site-specific risks.

Protecting Business Continuity

Unexpected events can lead to delays, increased costs, and disruption to project delivery. Appropriate insurance can help minimise the financial impact when things do not go according to plan.

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+64 27 482 2655

Insurance Solutions for Construction Businesses

Construction businesses often require a combination of insurance products to adequately protect their operations, including:
The right combination of covers will depend on the size, nature, and complexity of the work being undertaken.

Contract Works Insurance

Contract Works Insurance is designed to protect building works, materials, temporary structures, and associated project costs during the construction period. Cover can help respond to accidental loss or damage occurring before practical completion, helping reduce the financial impact of unforeseen events.

Whether you're undertaking a residential build, commercial development, renovation, or civil works project, Contract Works Insurance can form an important part of your overall project risk management strategy.

Construction Insurance Considerations

When arranging insurance for building and construction activities, important considerations may include:

Every project is different, and insurance requirements can vary significantly depending on the nature and complexity of the work being undertaken.