Contract Works Insurance is designed to protect construction projects from start to finish. Whether you are a builder, contractor, or project manager, this type of cover helps safeguard your work during the build phase, including materials, site, and potential liability exposures.

Depending on the policy and the options you select, Contract Works Insurance can include cover for:

• Loss or damage to the works under construction: Cover for the building or structure being worked on if it is damaged during construction.
• Damage caused by insured events: Includes fire, storm, theft, vandalism and other accidental damage that can impact a job site.
• Materials stored onsite: Covers building materials that are stored at the construction site prior to installation.
• Materials stored offsite: Covers materials kept at another location before being delivered to the site.
• Damage to materials in transit: Protects materials that are damaged or lost while being transported to or from the project site.
• Optional cover for tools & plant and equipment: Includes coverage for damage or theft of construction equipment, whether owned or hired.
• Optional cover for existing structures on site: If you are working on or near existing buildings, this coverage can protect against accidental damage to those structures.
• Public and Products Liability (if selected): Provides cover if your work causes injury to someone or damage to their property.

This type of insurance is typically required for licensed builders and contractors working on residential or commercial projects, particularly when contracts, lenders, or regulations require proof of coverage.

If you are unsure whether Contract Works Insurance is required for your next job or want to confirm what is covered under your current policy, contact our team for advice.