Construction Insurance Experts

The construction industry engages in a variety of activities that include land preparation, construction, alteration or repair of buildings and structures all of which bring a large element of risk for all parties involved.

With construction growing at a rapid rate around the country there is no better time to ensure you have adequate insurance cover in place.

Whether you are an owner builder, tradesman planning a small renovation project or a design and maintenance contractor, a large property developer, understanding the risks involved and how to adequately protect and mitigate them will minimise the time, money and energy you have invested.

Construction insurance covers the main risks encountered during the building process. These include malicious damage or vandalism, theft, fire damage, storm, wind and water damage. Items such as demolition, removal of debris and professional fees, should the unforeseen occur should also be included at no extra charge.

A construction insurance policy will also contain liability cover against some of the potential legal problems which can arise on a construction site. With legal disputes often originating from everyday issues, this level of cover is very important for anyone managing a building site.

Material Damage and Legal Liability Insurance for construction include:

• Loss or damage of tools, plant & equipment, site sheds, building materials stored offsite and materials in transit to the build-site.
• Increased limits for removal of debris, professional fees, expediting expenses and mitigation expenses.
• Continuing liability cover for your completed operations.
• Inclusion of cross liability clauses and waivers of subrogation to satisfy your contractual requirements with principals and developers. 

Our understanding of your industry and ability to negotiate effectively with our insurers means your business will have the most effective cover available in the market and at the best price.