Contract Works

Protect your building or construction project from unexpected loss or damage while work is underway.

Protection from the first day of work through to completion.

Construction projects face a wide range of risks before the finished work can be handed over. Severe weather, fire, theft, accidental damage or damage to materials can interrupt progress and create significant additional costs.

Contract works insurance protects the project during the construction period, including partially completed work and, where included, materials stored on site or being transported to the project.

The structure of cover matters.

A construction project may involve property owners, developers, builders, contractors, subcontractors and lenders. Each party can have different responsibilities under the construction contract, making it important to establish who is responsible for arranging insurance and what the policy must cover.

When these obligations are not clearly understood, gaps or disputes can emerge after a loss. The right policy structure helps ensure the project and the parties involved are protected consistently from the beginning.

Work under construction

Protection for new building work, alterations, renovations and partially completed structures during the insured project.

Materials and equipment

Cover can include materials intended for the project while they are stored on site or, where arranged, while in transit.

Accidental and weather related damage

Protection against insured events such as fire, storm, theft, vandalism and accidental damage during construction.

Cover designed around the specific project.

Every project carries a different level of risk. A residential renovation has different requirements from a new commercial building, subdivision or large development involving multiple contractors.

We work with builders, developers and property owners to understand the project value, construction method, timeframe, location and contractual responsibilities. This allows us to arrange cover that reflects the actual work being completed rather than relying on a standard policy that may leave important gaps.

Protect your project while work is underway.

Talk to Ede Insurance Group about contract works cover for your next construction, renovation or development project.