Does Contract Works cover my tools?

Not automatically. Tools are usually insured under a separate section. If you need tools cover, tell us and we can help bundle it into the right policy structure.

I've already started building. Can I get cover?

It can be difficult, but it may be possible. Many insurers decline started works, but we can approach specialist underwriters who may consider it depending on the project details. Contact us as soon as possible.

Why use a broker instead of going direct?

A broker gives you access and advocacy. Many specialist construction markets are underwriting agencies that only deal through insurance brokers, so you cannot access their terms directly. A broker can also compare options across markets and help advocate through the placement and claims process.

Hero Section

Contract Works Insurance.
Policies Bound Same-Day.

Construction sites are high-risk. One storm or theft can wipe out your margin. We negotiate directly with specialist underwriters to secure tailored protection for builders and owner-builders.

Australian Owned

Fast Turnaround

Claims Advocacy

Trusted Construction Insurers We Work With

Section 2 - Segmentation

Choose Your Coverage Type

Select the option that best describes your project requirements.

Licensed Pros

Professional Builders

For Licensed Builders & Civil Contractors

Annual policies covering all projects
Based on turnover, not individual jobs
Run-off cover options available

View Annual Policies

Single Site

Owner Builders & Single Projects

For Renovators, Developers & Homeowners

Cover for one specific site/duration
Includes "Existing Structures" for renos
Essential for council compliance

View Single Project Cover

Section 3 - Definition & Comparison

The Essentials

What is Contract Works Insurance?

The Definition

Contract Works Insurance (also known as Construction All Risks) bridges the gap between a standard property policy and public liability. It covers the physical structure being built and the materials on-site against loss or damage.

If your timber frame is destroyed by a storm or your copper wiring is stolen, this policy pays to repair or redo the work.

The Common Confusion

You usually need both Contract Works and Public Liability, but they cover fundamentally different things. One protects your assets; the other protects your legal liability.

Quick Comparison

Feature	Contract Works	Public Liability
What it covers	The Building & Materials	Third-Party Injury or Damage
The Risk	"The Stuff"	"The People"
Example Claim	A storm blows down a brick wall.	A brick falls and hits a parked car.
Who pays?	Pays you to rebuild.	Pays the victim for their loss.

Scroll table to see more →

Section 4 - Trust & Insurers

Who We Work With

We don't rely on generic computer algorithms. We speak directly to underwriters at Australia’s leading construction agencies to find the right home for your risk.

Real Client Result: The $8k Saving

" We recently helped a builder with ~$5M revenue who was renewing an annual policy for $35k. We took their risk profile to the open market, negotiated, and secured better terms for $27k. This was an instant $8k saving just by having a broker who knows where to look.

Section 5 - Coverage Details

What Is Covered?

A robust policy is designed to restore your project to the stage it was at immediately prior to the damage.

Core Protection

Standard Inclusions

Natural Disasters

Storm, wind, hail, flood, and cyclone damage.
Fire & Explosion

Damage caused by fire or on-site explosions.
Theft & Vandalism

Burglary of materials (e.g., copper wiring) and malicious damage.
Demolition Costs

The cost to clear the site after an event so rebuilding can commence.

Critical Extensions

Vital "Add-Ons" We Check For

Existing Structures

Essential for Renovations

Protects the house that is already there (most generic policies exclude this by default).
LEG 3 Clauses

For Larger Projects

We seek to secure "LEG 3" clauses to offer broader protection against damage caused by design or workmanship errors.

Generic online policies often miss these extensions. We check your scope of works to ensure you aren't left exposed.

Section 6 - Pricing & FAQ

How Much Does Contract Works Insurance Cost?

Premiums are calculated based on specific risk profiles, not a flat fee. While every insurer is different, here are five key factors used to determine your price:

1. Project Value

This is the baseline for your premium. For single projects, it is based on the Total Contract Value (materials + labour). For annual policies, it is based on your Annual Turnover.

2. Location

Postcodes matter. Sites located in cyclone, flood, or bushfire zones attract higher premiums. Insurers can also assess the local crime rate to determine the risk of theft or vandalism.

3. Construction Method

Materials drive the "base rate." Timber frames are considered high risk (due to fire susceptibility) and cost more to insure than non-combustible materials like concrete tilt panels or structural steel.

4. The "Renovation" Factor

Are you building from scratch or extending an existing structure? Renovations often cost more to insure because they carry the complex risk of damaging the existing property during construction.

5. Your Claims History

Your track record counts. If you have made frequent claims in the last 3–5 years, particularly for theft or water damage, insurers will view you as a higher risk, leading to increased premiums and higher excesses.

Frequently Asked Questions

Not automatically. Tools are usually a separate section. Let us know and we can bundle it in.

It is difficult, but possible. Most insurers decline "started works," but we have relationships with underwriters who may assist. Call us immediately.

It comes down to access and advocacy. Many specialist construction insurers are underwriting agencies that only deal with insurance brokers; meaning you simply can’t get their terms or pricing on your own. By using a broker, you unlock the entire market, not just the mainstream brands.

Ready to get on site?

Get a transparent, competitive quote tailored to your scope of works.

Call Us

Contract Works Insurance. Policies Bound Same-Day.