Insurance for
Construction
The construction industry in Australia carries unique risks. From managing worksites and employees to operating machinery and meeting compliance obligations, builders and contractors face exposures that can impact projects, finances and reputation. At Insuregroup, we support construction businesses of all sizes in reviewing insurance for construction that reflects their industry, project scope and operational needs.
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What is Insurance for Construction?
Insurance for construction is a category of cover intended to help businesses in the building and construction industry manage a variety of risks. These risks can include property damage, liability claims, theft, equipment loss and project disruptions that may arise during day-to-day operations or while works are in progress.
Depending on the insurer and policy selected, construction insurance may combine different types of protection, such as public liability insurance for construction, construction works insurance or construction all risk insurance.
Who Should Consider Insurance for Construction?
If you are a licensed builder, subcontractor, tradie or manage a construction company, insurance may be an important consideration. Many contracts, councils and clients require evidence of public liability insurance before work can commence. Construction risk insurance may also be necessary to satisfy lenders or developers on larger projects.
Even if not mandatory, having construction insurance in place may help manage financial impacts from incidents, such as equipment theft, property damage or injury to others.
Why Insuregroup?
Flexible payment options may be available to help manage cashflow and expenses while maintaining cover.
EXPERT ADVICE
Our experienced brokers understand construction insurance requirements across residential, commercial and civil projects.
QUICK QUOTES
We provide access to construction insurance quotes online or by phone, with no obligation to proceed.
RANGE OF OPTIONS
We work with a wide panel of Australian insurers to compare construction insurance policies relevant to your situation.
Types of Construction Insurance Cover
Construction insurance is not a single policy but a collection of cover options designed to address the different risks faced by builders and contractors. Depending on your role, project scope and contractual requirements, one or more of the following types of insurance may be relevant:
Construction public liability insurance
Helps manage costs if a third party suffers injury or property damage on site.
Construction works insurance or contract works insurance
Can help protect projects under construction, including materials and works in progress.
Construction all risk insurance
Broader cover that may combine works and liability risks in one policy.
Plant, equipment and tools cover
Protection for machinery, tools and equipment against theft or damage.
Commercial vehicle or fleet insurance
Cover for trucks, utes and other construction vehicles.
Professional indemnity insurance
For design and consultancy elements where errors or omissions may result in claims.
Workers compensation
Statutory cover for employee injury or illness at work (regulated by state legislation).
What Does Construction Insurance Cover?
Coverage varies between insurers and policy types, but may include protection against:
Public liability claims for injury or property damage
Loss or damage to building works, materials and temporary structures
Theft or accidental damage to tools, plant and equipment
Legal defence costs from liability claims
Business interruption caused by insured events
Vehicle accidents, repairs and replacements for construction vehicles
Your level of cover will depend on the policies chosen. Our construction insurance brokers can guide you in comparing options across a wide panel of Australian insurers.
What Does Construction Insurance Not Cover?
As with most insurance, exclusions apply. These differ by insurer and policy, but common exclusions may include:
Intentional or illegal acts
Liability from unlicensed construction work
Normal wear and tear of machinery, plant or tools
Work outside the agreed contract scope or trade licence
Pre-existing damage or losses before the policy began
Reviewing the Product Disclosure Statement (PDS) is essential. We can help explain the fine print so you understand how cover applies to your business within the construction industry.
How Insuregroup Can Help
Whether you run a small operation or a national company, Insuregroup can assist in reviewing construction insurance in Australia that reflects your obligations and projects. We help builders, contractors and construction companies keep the search for insurance simple by exploring policies with coverage options and inclusions suited to project size, workforce arrangements and business activities.
As a specialist brokerage and member of the Steadfast Insurance Group, we provide access to a wide panel of insurers and a broad selection of products. With more than 10 years in operation and a strong compliance record, we continue to support construction businesses in managing their insurance in one place and making informed decisions about their cover.
Online Insurance Quote
Please select from the options as required. You can select one or more options.
Complete the form below to receive a quote.
Completing the form usually takes 5 minutes.
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Our
Process
The Insuregroup insurance process – insurance solutions on demand.
01
Submit a Quote Request
Online or Call Us Directly
02
We Source
Competitive Quotes
03
Receive a Clear,
Detailed Quote Summary
04
Finalise
& Get Covered
Frequently Asked Questions
What is the difference between construction works insurance and construction all risk insurance?
Construction works insurance, sometimes called contract works insurance, generally protects a single project during its build phase, including materials and works in progress. Construction all risk insurance is broader and may combine works and liability cover in one policy, making it suitable for larger or more complex projects.
How much does construction company insurance cost?
The cost of construction company insurance depends on several factors including your business size, type of projects, contract values, workforce, location and claims history. To understand potential costs, it is recommended to request an individual quote that reflects your specific circumstances.
Does construction insurance cover tools, plant and equipment?
Some policies include or can be extended to cover tools, plant and equipment against risks such as theft, fire or accidental damage. However, conditions and limits vary between insurers. Reviewing the Product Disclosure Statement (PDS) is essential to understand what is included in your cover.
Can construction insurance cover multiple projects at once?
Yes. Certain policies are designed to cover multiple worksites or ongoing projects under a single policy, while others apply to one specific project. The right option depends on the scale of your business and the way your projects are structured.
Where can I get a quote for construction insurance?
You can request an obligation-free construction insurance quote online or by calling our team. We’ll ask for details such as your business size, project scope and location, then compare policies from a wide panel of insurers to provide options that may be relevant to your needs.
How long does the process take?
We believe in providing our customers with excellent customer service and to guarantee you the most targeted service we strive to respond to your needs with upmost urgency. Our team can generally turn around a quote and bind a policy within 24 hours.
Can you produce certificates of insurance immediately?
Yes, we can provide electronic certificates of insurance for you in a prompt and timely manner. We do require payment prior to issuing the certificates, however.
Does Insuregroup shop around extensively?
Insuregroup has access to over 100 insurance markets available to us both nationally and internationally. We regularly scour the markets on our system to ensure that we are quoting the most cost effective and cover competitive crane insurance that the market has to offer. We understand that your needs are unique and we will deliver an insurance product that is tailored to suit you.
What if I need to know more about insurance covers?
Choosing an insurance policy is a significant investment – it is important that we deal with customers in an open and transparent way. If you feel you would like to learn more, we welcome you to give us a call on 1300 760 552 so our friendly team can answer any queries you may have.