Builders
12 Docs
What risk management strategies should builders consider?
Last Updated: September 16, 2026Clear contracts, project records, subcontractor checks and regular insurance reviews can help builders reduce disputes and manage construction risks.
What are some common insurance claims experienced by builders?
Last Updated: September 16, 2026Builders can experience claims involving construction works, liability, tools, plant, vehicles and professional services. Different incidents can involve different insurance policies.
How can a builder insure tools?
Last Updated: September 16, 2026Builders can commonly insure portable tools and equipment under General Property cover or another appropriate policy section, subject to theft, storage and item-limit conditions.
When does a builder need Plant and Equipment Insurance?
Last Updated: September 16, 2026Plant and Equipment Insurance can be relevant where a builder owns, leases or is responsible for larger mobile machinery or construction equipment. Cover varies by insurer and policy.
When does a builder need Professional Indemnity Insurance?
Last Updated: September 16, 2026A builder may need Professional Indemnity Insurance when the business provides, manages or accepts responsibility for design or other professional services.
Why should builders consider Management Liability Insurance?
Last Updated: September 16, 2026Management Liability Insurance can address certain claims involving how a building business, its directors and managers are managed, subject to the policy sections selected.
What is the difference between Building Indemnity, Contract Works and Public Liability Insurance?
Last Updated: September 17, 2026Building Indemnity, Contract Works and Public Liability Insurance address different risks and may all be relevant to the same building project.
Is Public Liability Insurance covered under a Contract Works Insurance policy?
Last Updated: September 17, 2026Public Liability Insurance can often be included as a separate section of a Contract Works policy, but it should not be assumed to be automatically included.
What can Public Liability Insurance cover a builder for?
Last Updated: September 16, 2026Public Liability Insurance can respond to certain claims alleging that a builder's activities caused third-party personal injury or property damage.
Which states can Webber Insurance assist with Building Indemnity Insurance?
Last Updated: September 17, 2026Webber Insurance assists with South Australian Building Indemnity Insurance through its QBE process and can also assist eligible NSW builders with Home Building Compensation Insurance where Webber is nominated as Service Provider.
What is Building Indemnity Insurance and when is it required?
Last Updated: September 17, 2026South Australian Building Indemnity Insurance protects homeowners in specified circumstances and is generally required for eligible domestic building work requiring development approval and valued at $20,000 or more.
What insurance do builders commonly need?
Last Updated: September 16, 2026Builders may need several types of insurance to address construction works, liability, equipment, vehicles, business management and design responsibilities.