Contract Works Insurance
A construction site carries risks for the works themselves, the equipment on site and the people around it.
Contract works insurance protects the project against damage or loss and covers related liability. Owner-builders often insure a single project, while professional builders usually take an annual policy covering multiple contracts.
Key covers
Cover depends on the policy and insurer you choose. Some benefits are included automatically, others are available as options.
Property damage
Loss or destruction of the works, plant and equipment, including debris removal.
Public liability
Including subcontractors' liability, products liability and cross liability.
Legal expenses and defence costs
Legal costs you are liable to pay after proceedings are brought by or against you.
Existing structures (optional)
Sudden, accidental damage to existing structures caused by natural events or the actions of the builder or contractor.
An expert on your team.
We learn your business
We take the time to understand your business and risks, then tailor cover to fit.
We compare options
We seek terms from the insurers we deal with regularly and explain the differences in plain language.
We help when you claim
If something goes wrong, we help you prepare and manage your claim.
Flexible payment
Premium funding is available if you would prefer to pay by instalments.
Related covers
View all insurance →
Talk to us about contract works.
Tell Maggie about your business or property and we will recommend cover that fits. Email salesinsurance@yblgroup.com.au.
Any advice on this page is general advice only and does not take into account your objectives, financial situation or needs. Before acting on it, consider whether it is appropriate for you and read the relevant Product Disclosure Statement and our Financial Services Guide. Cover, benefits and limits vary between insurers and policies and are subject to terms, conditions and exclusions. YBL Insurance Services Pty Ltd (ABN 52 640 800 282) is an Authorised Representative (No. 1281725) of MME Services Pty Ltd (ABN 75 675 435 640), AFSL 559974.